QLD4870· Pop. 73,803Cairns

PARRAMATTA PARK

EmergingAffordable, high-yield, growing population — early-cycle opportunity

Investor score

54

Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.

Median price

no recent data

Rent yield

4.9%

rent real · price estimated

Annual growth

6.6%

modelled estimate

Vacancy rate

1.6%

modelled estimate

AI insights for PARRAMATTA PARK

Investment analysis, risks & comparisons

PREMIUM

PARRAMATTA PARK shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Price figures are estimated — suburb-level data not available for this state. Verify with Domain or REA.

Median rent

$370/wk

QLD RTA Bond Stats · Mar 2026

Demand change

+7.2%

annual shift

Yield × growth index

5.7

combined signal

Net yield (est.)

6.10%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+4.6%

est. compound, long-run avg

10-yr growth (CAGR)

+6.9%

est. compound, long-run avg

Rental demand

63 / 100

Strong demand

Supply pipeline

Est.

1.5%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

No price history available.

Market overview

PARRAMATTA PARK is a QLD suburb offering moderate rental yield and strong price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

  • Rental yield 4.9% with stable tenant demand
  • Consistent annual growth of 6.6%
  • Access to national transport network and amenities

Risk factors

  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,510/wk

$43k taxable p.a.

Renters

40.6%

56.0% owner-occupier

Median age

39.0 yrs

Unemployment

4.7%

Population growth

+1.6% p.a.

Investor-owned

12.0%

of all dwellings (ATO)

Houses

81%

6% apartments

Degree qualified

9.9%

bachelor's or higher (ABS)

Work from home

9.5%

of employed residents (ABS Census)

Median lot size

1.4 ha

Large block

Household size

2.5 persons

avg per dwelling (ABS Census)

Short-term rental

13.6%

Active STR market

Market activity

Distance to CBD

1391.0 km

Regional

Days on market

43 days

Normal turnover

Auction clearance

29.8%

Buyer's market

Walkability

67 / 100

Very walkable

Coastal proximity

3.5 km

Near coast

NBN technology

FTTN

Standard — fibre to node

Population density

81/km²

Rural / semi-rural

Schools in postcode 4870

🏫10 Primary🎓5 Secondary📚5 Combined
ACARA 2025

🏫Primary (10)

Mother of Good Counsel School

Catholic · Yrs Prep-6

ICSEA 1091

Freshwater State School

Government · Yrs Prep-6

ICSEA 1064

St Joseph's School

Catholic · Yrs Prep-6

ICSEA 1029

Our Lady Help of Christians School

Catholic · Yrs Prep-6

ICSEA 1025

Edge Hill State School

Government · Yrs Prep-6

ICSEA 1016

Whitfield State School

Government · Yrs Prep-6

ICSEA 974

St Francis Xavier's School

Catholic · Yrs Prep-6

ICSEA 953

Parramatta State School

Government · Yrs Prep-6

ICSEA 887

Balaclava State School

Government · Yrs Prep-6

ICSEA 797

Cairns West State School

Government · Yrs Prep-6

ICSEA 784

🎓Secondary (5)

St Augustine's College

Catholic · Yrs 7-12

ICSEA 1060

St Monica's College

Catholic · Yrs 7-12

ICSEA 1058

Cairns State High School

Government · Yrs 7-12

ICSEA 1019

The BUSY School

Independent · Yrs 11-12

ICSEA 975

Trinity Bay State High School

Government · Yrs 7-12

ICSEA 908

📚Combined (5)

St Andrew's Catholic College Redlynch Valley

Catholic · Yrs Prep-12

ICSEA 1067

Peace Lutheran College

Independent · Yrs Prep-12

ICSEA 1054

Freshwater Christian College

Independent · Yrs Prep-12

ICSEA 1041

Cairns School of Distance Education

Government · Yrs Prep-12

ICSEA 1024

Redlynch State College

Government · Yrs Prep-12

ICSEA 1007

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Safe
80/ 100

5.9 offences / 100 persons

Source: QLD Police · 2024-25

School quality

Average
992ICSEA · national avg 1000

20 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited
36/ 100
🚆 0 train🚌 4 bus

Source: State GTFS feeds

Gentrification signal

7

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

high

Source: State GIS flood zone data

🔥

Bushfire risk

medium

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

high

Coastal exposure + state climate

🌀

Cyclone risk

high

QLD/NT tropical cyclone zone

Live suburb intelligence

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Location

Properties in PARRAMATTA PARK

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