PARKSIDE
As the property market shifts, Parkside has solidified its standing as a premium family enclave, attracting a specific demographic of buyer. The suburb currently holds a median house price of $1.68m. Retrospective data highlights a period of significant value appreciation. Over the past five years, capital values have shifted by 73%, a figure that reflects a fundamental re-rating of the suburb's desirability amongst buyers seeking exposure to this specific price bracket.
Lifestyle Profile
Leafy and open, the visual appeal of Parkside lies in its low-density layout. It avoids the claustrophobia of the inner-city, offering residents a sense of space and sky.
At a community level, Parkside 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.
For active residents, the area delivers. The abundance of green belts, cycle paths, and council-maintained sporting facilities adds a layer of 'health and wellness' to the local lifestyle.
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 Parkside 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. Parkside benefits from access to high-performing educational assets. Institutions like Linden Park Primary School (ICSEA Percentile 97) act as significant drawcards. Historical data shows that catchments for top-tier schools often experience tighter stock retention rates as families hold properties for the duration of schooling.
Market Outlook
Data indicates a robust performance, with 72.8% growth over 5 years. This suggests the area has been 'discovered' by the broader market.
Quick FAQ about Parkside:
- Is Parkside expensive? With a median price of $1.68m, it is considered a premium family market, often attracting buyers seeking upscale living standards.
- What are the schools like? The catchment for Linden Park Primary School is a major driver of local demand.
Primary Schools
Secondary / High Schools
Explore Nearby Markets
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.