Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
Parmelia has 142 houses available for sale. The median property price for a house is currently 443,000 with annual capital growth of 26.57 . There were 165 house sales in the past 12 months. On average, houses spend 7 days on market.
If you're thinking about buying an investment property in Parmelia, consider that rental yields for houses are currently 6.34 with an average median rent of 500 weekly. Houses have seen 8.45 growth in the past quarter, and 26.57 growth in the past 12 months.
The size of Parmelia is approximately 4 square kilometres. It has 22 parks covering nearly 9.1% of total area. The population of Parmelia in 2011 was 6,147 people. By 2016 the population was 6,027 showing a population decline of 2.0% in the area during that time. The predominant age group in Parmelia is 30-39 years.
Households in Parmelia are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Parmelia work in a trades occupation. In 2011, 65.7% of the homes in Parmelia were owner-occupied compared with 69.4% in 2016.
Parmelia has 9 units available for sale. There were 4 unit sales in the past 12 months. On average, units spend 40 days on market.
If you're thinking about buying an investment property in Parmelia, consider that rental yields for units are currently 8.92 with an average median rent of 380 weekly.
The size of Parmelia is approximately 4 square kilometres. It has 22 parks covering nearly 9.1% of total area. The population of Parmelia in 2011 was 6,147 people. By 2016 the population was 6,027 showing a population decline of 2.0% in the area during that time. The predominant age group in Parmelia is 30-39 years.
Households in Parmelia are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Parmelia work in a trades occupation. In 2011, 65.7% of the homes in Parmelia were owner-occupied compared with 69.4% in 2016.
Looking to invest or refinance? Compare investor loans or SMSF loans
| Key Market Data | House | Unit |
| Median price | 443,000 | 177,500 |
| Quarterly growth | +8.45 | 0.00 |
| 12-month growth | +26.57 | – |
| Average annual growth | +13.33 | – |
| Weekly median rent | 500 | 380 |
| Gross rental yield | 6.34 | 8.92 |
| Number of Sales (12m) | 165 | 4 |
| Avg. Days on Market (12m) | 7 | 40 |
| Key Demographics | 2011 | 2016 |
| Total population | 6,147 | 6,027 |
| Population change (5y) | +3.24 | -2.00 |
| Median household income (p/w) | 1,071 | 1,183 |
| Household income change (5y) | +35.74 | +10.46 |
| Median age of persons | 33 | 37 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Parmelia was 6,027 in 2016, a -2.00 change compared to 2011.
The predominant age group in Parmelia is 30-39 years.
The population of Parmelia was 6,027 in 2016, a -2.00 change compared to 2011.
The predominant age group in Parmelia is 20-29 years.
Most of the population in Parmelia were born in Australia.
Most of the population in Parmelia were born in Australia.
Most of the population in Parmelia report their religion as No Religion.
Most of the population in Parmelia report their religion as No Religion.
Most of the population in Parmelia report their income range as between 78,000 and 130,000 .
The median household income in Parmelia was 1,183 in 2016, a +10.46 change compared to 2011.
Most of the population in Parmelia report their income range as between 78,000 and 130,000 .
The median household income in Parmelia was 1,071 in 2011, a +35.74 change compared to 2006.
Most of the population in Parmelia work as Trades.
Most of the population in Parmelia work as Trades.
The chart below demonstrates the various levels of education in Parmelia.
The chart below demonstrates the various levels of education in Parmelia.
Most of the population in Parmelia reached a qualification level of Certificate.
Most of the population in Parmelia reached a qualification level of Certificate.
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Suburb borders rendered using geocodes provided by Openstreetmap.
