Parkville is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2337). With a population of 275, the suburb has an established demographic with a median age of 41. Households earn a median income of $106K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, machinery operators & drivers, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Parkville is $515,000, having dropped significantly 11.2% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,733.
Public transport access includes 8 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Parkville offers a gross rental yield of 5.0%, rated as high yield. Property prices sit below the state median ($515K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved -11.2% year-on-year.
Parkville is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2337). With a population of 275, the suburb has an established demographic with a median age of 41. Households earn a median income of $106K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, machinery operators & drivers, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Parkville is $515,000, having dropped significantly 11.2% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,733.
Public transport access includes 8 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Parkville offers a gross rental yield of 5.0%, rated as high yield. Property prices sit below the state median ($515K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved -11.2% year-on-year.