PARRAWEENA
Investor score
45
Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.
Median price
$327,500
NSW VG · 2026
Rent yield
6.1%
computed from govt data
Annual growth
45.6%
annualised from govt data
Vacancy rate
1.4%
modelled estimate
AI insights for PARRAWEENA
Investment analysis, risks & comparisons
PARRAWEENA 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.
Median rent
$385/wk
NSW Fair Trading · Apr 2026
Demand change
+1.3%
annual shift
Yield × growth index
25.8
combined signal
Net yield (est.)
2.70%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+25.6%
est. compound, long-run avg
10-yr growth (CAGR)
+3.9%
est. compound, long-run avg
Rental demand
46 / 100
Moderate demand
Supply pipeline
Est.0.5%
new dwellings approved / stock · Modelled estimate
Low supply pressure
5-year price history
Source: NSW VG · 2026 · all sources
Market overview
PARRAWEENA is a NSW suburb offering high 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
- Strong rental yield of 6.1%
- High annual growth of 45.6% — outperforming state average
- Very low vacancy rate — high rental demand
- Access to national transport network and amenities
Risk factors
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$1,312/wk
$42k taxable p.a.
Renters
17.7%
75.2% owner-occupier
Median age
45.0 yrs
Unemployment
4.1%
Population growth
+0.7% p.a.
Investor-owned
13.0%
of all dwellings (ATO)
Houses
86%
3% apartments
Degree qualified
21.6%
bachelor's or higher (ABS)
Work from home
14.1%
of employed residents (ABS Census)
Median lot size
1.9 ha
Large block
Household size
2.5 persons
avg per dwelling (ABS Census)
Short-term rental
1.7%
Mostly long-term tenants
Market activity
Distance to CBD
243.8 km
Regional
Days on market
53 days
Slower market
Auction clearance
30.3%
Buyer's market
Walkability
0 / 100
Car-dependent
Coastal proximity
172.7 km
Inland
NBN technology
FTTNStandard — fibre to node
Population density
83/km²
Rural / semi-rural
Schools in postcode 2339
🏫Primary (1)
Willow Tree Public School
Government · Yrs K-6
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
Safe0.0 offences / 100 persons
Source: NSW BOCSAR · 2024-25
School quality
Average1 school in postcode area
Source: ACARA My School 2025
Transit access
LimitedSource: State GTFS feeds
Gentrification signal
19
/ 100
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
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
Properties in PARRAWEENA
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