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Parma
NSW, 2540 - Shoalhaven

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.

Household Makeup

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

Housing Stock

Average Property Prices

3 Bed  $1,588,000
4 Bed  $1,776,000
6 Bed+$3,490,000

Parma Real Estate Market Outlook

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.

Houses for sale Parma

Ray White 36D MONTEITH WAY, PARMA, NSW, 2540 Beds4 Bathrooms2 Parking 4 3400000

Local Schools

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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Parma weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.719.225.465.889.84.822.9
Feb4.419.024.866.989.34.619.3
Mar4.518.224.162.287.54.816.1
Apr2.715.522.256.984.44.114.2
May1.913.320.052.478.74.411.2
Jun3.411.317.553.477.14.59.0
Jul2.110.217.546.572.64.410.1
Aug2.710.518.044.574.64.812.8
Sept1.512.219.947.380.24.516.6
Oct2.614.021.355.185.24.720.6
Nov2.115.823.156.485.04.622.3
Dec2.417.624.061.685.74.522.4

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

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

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Nowra HillFalls CreekYerriyongBamarangSouth NowraMundamiaCombertonTomerongBarringellaWoollamia

Public Transport


General Points of Interest

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