PARKLEA
With a housing landscape characterized by established valuations, Parklea presents a unique case study in local market dynamics. The suburb currently holds a median house price of $1.43m. Retrospective data highlights a period of significant value appreciation. Over the past five years, capital values have shifted by 54%, a figure that reflects a fundamental re-rating of the suburb's desirability amongst buyers seeking exposure to this specific price bracket.
Lifestyle Profile
The streetscape of Parklea is the quintessential picture of suburban stability. You will typically find larger block sizes, wide driveways, and a mix of renovated mid-century homes alongside modern builds.
At a community level, Parklea is defined by family activity. Weekends see the local parks filled with junior sports, and the demographic is heavily skewed towards households with school-aged children.
Lifestyle amenities are practical and abundant. The suburb is typically anchored by a major shopping center or high street that covers all daily needs, from supermarkets to medical centers.
The Demographic Profile
Understanding the resident base is key to understanding the market floor. Local data suggests a median household income of approx $90,000. With a price-to-income ratio significantly above the state average, ownership in Parklea often involves significant equity recycling from previous properties. This suggests a resident base with high asset wealth rather than just high income.
Education & Catchments
School catchment zones are a primary driver of long-term property demand. The area is serviced by facilities such as Caddies Creek Public School. For many buyers, the presence of local schooling creates a 'village' feel and ensures consistent demand from young families moving into the area.
Market Outlook
Data indicates a robust performance, with 54.4% growth over 5 years. This suggests the area has been 'discovered' by the broader market.
Quick FAQ about Parklea:
- Is Parklea expensive? With a median price of $1.43m, it is considered a established market, often attracting buyers seeking classic living standards.
- What are the schools like? The catchment for Caddies Creek Public School is a major driver of local demand.
Primary Schools
Secondary / High Schools
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Local Schools & Maps
Explore primary and secondary schools in the catchment area.
Primary Schools
Secondary Schools
DISCLAIMER: GENERAL INFORMATION ONLY.
The data presented on Aussie Housing, including school zones, "Education Efficiency" scores, and median prices, is for general information and research purposes only. While we aim for accuracy, school catchment boundaries are subject to change by state departments and should be verified directly with the individual school before making any purchasing decision.
NO PROFESSIONAL ADVICE: Aussie Housing is not a licensed real estate agent, valuer, or financial advisor. The "Education Efficiency" metric is a proprietary data point and does not constitute a valuation or a recommendation to buy. You should always conduct your own due diligence and consult with a conveyancer, solicitor, or financial planner before acquiring property.
DATA LIMITATIONS: Market data is aggregated from various public sources and may have latency. We do not guarantee the complete accuracy of historical sales data or current boundary lines.