All About Parkinson, Brisbane, QLD, 4115

Parkinson, located in the southern suburbs of Brisbane, Queensland, offers a vibrant and evolving housing market characterized by a diverse array of property types. Over the years, the suburb has seen steady growth, attracting a mix of young families, professionals, and retirees who appreciate its balanced blend of urban convenience and suburban tranquility. The housing market here is predominantly composed of modern detached homes, many of which are equipped with spacious yards that are ideal for families and gardening enthusiasts. There's also a growing interest in the area's newer townhouses and apartment developments, which cater to those seeking a lower-maintenance lifestyle. The increasing demand, driven by the suburb's appealing lifestyle and relative affordability compared to inner Brisbane neighborhoods, has led to a consistent appreciation in property values, making it an attractive option for both investors and homebuyers.

Living in Parkinson offers residents a pleasant and convenient lifestyle, characterized by its leafy streets, ample recreational facilities, and close-knit community. The suburb boasts an abundance of green spaces, including the picturesque Parkinson Recreational Reserve, which provides locals with opportunities for outdoor activities such as walking, cycling, and picnicking. Families benefit from the suburb's proximity to quality educational institutions, both public and private, and a variety of shopping centers, including the nearby Calamvale Central and Sunnybank Hills Shoppingtown, which cater to diverse retail and dining needs. Additionally, Parkinson's strategic location provides easy access to major transport routes, making commuting to Brisbane's central business district or exploring neighboring areas straightforward. The community is known for its friendly atmosphere, frequently hosting events and activities that foster neighborhood engagement and cultural diversity, making it a desirable place to live for those seeking a balanced and fulfilling lifestyle.

Parkinson Real Estate Market Outlook

Thinking about buying in Parkinson? Now could not be a better time, with 4681 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,003,000 with prices in this suburb ranging from $314,000 to $3,074,000. The aproximate distance to the coast is 22 Km.

Consistent high demand relative to supply is a key feature in Parkinson driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Parkinson are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Parkinson classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Parkinson requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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