Parkwood · Suburb / Locality

Housing & Dwellings in Parkwood

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.

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📍 Parkwood, Suburb / Locality

Where Parkwood sits — Median rent (weekly)

$538 ▲ +28.7%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Parkwood — higher than 95% of areas.

Median rent (weekly) compared with the state and national average
Parkwood$538
4214, QLD $480
Queensland $365
Australia $375

Housing costs

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.

  • 2011: $418
  • 2016: $450
  • 2021: $538

Median weekly rent paid by households renting their home.

$1,894 ▼ -4.3%

Higher than 66% of suburb / locality areas.

  • 2011: $1,979
  • 2016: $1,783
  • 2021: $1,894

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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Parkwood splits fairly evenly between $350–$549 (41%) and $550–$749 (41%), with $200–$349 at 9%.

Monthly mortgage distribution

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In Parkwood, the largest group is $1,800–$2,999 at 41%, followed by $1,000–$1,799 (28%) and Under $1,000 (19%).

Owning & renting

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.

  • 2011: 27.3%
  • 2016: 29.8%
  • 2021: 29.8%

Share of occupied private dwellings that are rented.

27.4% ▲ +16.9%

Lower than 82% of suburb / locality areas.

  • 2011: 23.4%
  • 2016: 23.7%
  • 2021: 27.4%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Parkwood, the largest group is Owned with a mortgage at 41%, followed by Rented (30%) and Owned outright (27%).

Types of homes

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.

  • 2011: 1.00
  • 2016: 0.80
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

90.5% ▼ -1.9%

Lower than 67% of suburb / locality areas.

  • 2011: 92.2%
  • 2016: 91.8%
  • 2021: 90.5%

Share of occupied private dwellings that are separate houses.

97.1% ▼ -0.5%

Higher than 94% of suburb / locality areas.

  • 2011: 97.5%
  • 2016: 95.2%
  • 2021: 97.1%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Parkwood, Separate house is the majority at 91%; Townhouse / semi-detached is next at 8%.

Bedrooms per home

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In Parkwood, 4 bedrooms is the majority at 54%; 3 bedrooms is next at 31%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Parkwood

Cite this page

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