All About Parkwood, Gold Coast, QLD, 4214

Parkwood, located within the vibrant region of the Gold Coast in Queensland, offers a distinctive blend of suburban serenity and convenient proximity to urban attractions. As of the latest reports, the housing market in Parkwood reflects a consistent demand, driven by its desirable location and the lifestyle opportunities it affords. The area features a mix of property types, including family homes with ample yards, modern townhouses, and apartments, appealing to a wide range of buyers from retirees to young families. The median house price in Parkwood remains competitive compared to some neighboring suburbs, making it an attractive option for those looking to invest in the Gold Coast property market. Recent trends indicate a stable growth, with potential buyers often drawn to the area’s value for money and quality of life. Access to significant infrastructure projects and developments in surrounding areas continues to bolster the market's appeal.

Living in Parkwood offers residents an enviable blend of comfortable suburban living paired with the dynamic lifestyle the Gold Coast is renowned for. The community is known for its family-friendly environment, with ample parks, recreational facilities, and well-regarded schools contributing to its appeal among households. Its strategic location provides easy access to essential amenities, including shopping centers, healthcare facilities, and public transport links, enhancing its livability. The nearby Griffith University and the Gold Coast University Hospital make it a convenient spot for students and healthcare professionals. Additionally, the peaceful suburban charm coexists with the excitement of living near some of Queensland's most famous beaches and entertainment venues, giving residents the best of both worlds. The community spirit is vibrant, with local markets, sports clubs, and community events fostering a welcoming atmosphere for newcomers and long-time residents alike.

Parkwood Real Estate Market Outlook

Thinking about buying in Parkwood? Now could not be a better time, with 3824 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $926,000 with prices in this suburb ranging from $247,000 to $3,152,000. Parkwood is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Parkwood due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Parkwood changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Parkwood 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!