Thinking about buying in Parma? Now could not be a better time, with just 100 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,843,000 with prices in this suburb ranging from $801,000 to $3,525,000. Parma is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $350.00 |
Median Monthly Mortgage | $2212.50 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 47.50 |
Average Income | $712.50 |
Average Cars Per Dwelling | 2.53 |
Average Properties Within 50M | 2 |
3 Bed  $1,588,000 |
4 Bed  $1,776,000 |
6 Bed+$3,490,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Parma is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Parma leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Parma the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
36D MONTEITH WAY, PARMA, NSW, 2540 | 4 | 2 | 4 | 3400000 |
Falls Creek Public School
(While the above schools are located with the suburb of Parma there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.7 | 19.2 | 25.4 | 65.8 | 89.8 | 4.8 | 22.9 |
Feb | 4.4 | 19.0 | 24.8 | 66.9 | 89.3 | 4.6 | 19.3 |
Mar | 4.5 | 18.2 | 24.1 | 62.2 | 87.5 | 4.8 | 16.1 |
Apr | 2.7 | 15.5 | 22.2 | 56.9 | 84.4 | 4.1 | 14.2 |
May | 1.9 | 13.3 | 20.0 | 52.4 | 78.7 | 4.4 | 11.2 |
Jun | 3.4 | 11.3 | 17.5 | 53.4 | 77.1 | 4.5 | 9.0 |
Jul | 2.1 | 10.2 | 17.5 | 46.5 | 72.6 | 4.4 | 10.1 |
Aug | 2.7 | 10.5 | 18.0 | 44.5 | 74.6 | 4.8 | 12.8 |
Sept | 1.5 | 12.2 | 19.9 | 47.3 | 80.2 | 4.5 | 16.6 |
Oct | 2.6 | 14.0 | 21.3 | 55.1 | 85.2 | 4.7 | 20.6 |
Nov | 2.1 | 15.8 | 23.1 | 56.4 | 85.0 | 4.6 | 22.3 |
Dec | 2.4 | 17.6 | 24.0 | 61.6 | 85.7 | 4.5 | 22.4 |
source: Australian Government Bureau of Meteorology
23-01-2024 | $1,470,000 | 122 PARMA RD |
25-07-2023 | $2,100,000 | 133 PARMA RD |
18-08-2022 | $3,550,000 | 589 PARMA RD |
12-03-2021 | $865,000 | 122 PARMA RD |
31-07-2020 | $1,200,000 | 259 PARMA RD |
24-01-2020 | $2,200,000 | 268 PARMA RD |
04-10-2019 | $1,435,000 | 430 PARMA RD |
12-04-2019 | $100,000 | 244 PARMA RD |
04-12-2018 | $920,000 | 385 PARMA RD |
28-04-2017 | $1,175,000 | 133 PARMA RD |
22-03-2017 | $1,250,000 | 152 PARMA RD |
10-02-2017 | $1,500,000 | 751 PARMA RD |
20-06-2016 | $810,000 | 192 HAMES RD |
29-04-2015 | $670,000 | 298 PARMA RD |
08-01-2015 | $475,000 | 171 HAMES RD |
31-01-2014 | $1,275,000 | 269 PARMA RD |
12-12-2012 | $525,000 | 298 PARMA RD |
04-06-2012 | $460,000 | 223 HAMES RD |
01-02-2012 | $570,000 | 419 PARMA RD |
12-12-2011 | $640,000 | 710 PARMA RD |
28-01-2011 | $810,000 | 430 PARMA RD |
16-11-2010 | $910,000 | 480 PARMA RD |
01-12-2009 | $575,000 | 352 PARMA RD |
06-08-2008 | $405,000 | 762 PARMA RD |
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