$538 ▲ +28.7%
Higher than 95% of suburb / locality areas.
- 2011: $418
- 2016: $450
- 2021: $538
Median weekly rent paid by households renting their home.
Parkwood · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Large family homes have come to dominate Parkwood, where 97.1% of dwellings have three or more bedrooms. This creates a landscape of spacious living, though it comes with high costs, particularly for those renting. The area is now far above the national figure for larger homes.
All suburb / locality areas, 2021. The marker is Parkwood — higher than 95% of areas.
| Parkwood | $538 |
|---|---|
| 4214, QLD | $480 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents in Parkwood are $538, which is well above the national figure of $375. Monthly home-loan payments are also a little above the Queensland figure, typically costing $1,894.
$538 ▲ +28.7%
Higher than 95% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,894 ▼ -4.3%
Higher than 66% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Parkwood splits fairly evenly between $350–$549 (41%) and $550–$749 (41%), with $200–$349 at 9%.
In Parkwood, the largest group is $1,800–$2,999 at 41%, followed by $1,000–$1,799 (28%) and Under $1,000 (19%).
How homes are owned or rented.
About 41.2% of households have a mortgage, while 29.8% rent. The proportion of homes owned outright is 27.4%, which is much lower than most similar areas.
29.8% ▲ +9.3%
Higher than 78% of suburb / locality areas.
Share of occupied private dwellings that are rented.
27.4% ▲ +16.9%
Lower than 82% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Parkwood, the largest group is Owned with a mortgage at 41%, followed by Rented (30%) and Owned outright (27%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 90.5% of the market, far above the national figure of 72.3%. Most of these are large, with 54% of homes having four bedrooms.
0.80 ▼ -20.0%
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
90.5% ▼ -1.9%
Lower than 67% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
97.1% ▼ -0.5%
Higher than 94% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Parkwood, Separate house is the majority at 91%; Townhouse / semi-detached is next at 8%.
In Parkwood, 4 bedrooms is the majority at 54%; 3 bedrooms is next at 31%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Parkwood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL32278/parkwood/topic/housing-dwellings