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ABS 2021 Census · Updated 21 May 2026
Parklea is a regional centre in New South Wales, Australia, with a population of approximately 3,684, making it a boutique locality. Located approximately 31 km from the Sydney CBD, Parklea is a regional area in New South Wales. The median household income is $147,264 per year.
Above-average earnings in Parklea support sustained property values. Distance from major centres is a consideration, though regional markets can offer higher rental yields.
Official Australia Post postcode for Parklea. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Parklea on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Parklea is a smaller community of 3,684 — about 69% of the New South Wales suburb median (5,325) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $147,264/year runs 51% above the New South Wales suburb median of $97,552, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Median weekly rent of $550 equates to $2,383/month — about 92% of the median mortgage repayment of $2,600/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 31 km from Sydney, Parklea is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.
Regional property can deliver strong cash-flow yields but liquidity is tighter — plan for longer hold periods and verify local employment stability. Local rents consume roughly 19% of household income — a useful sanity check on tenant affordability.
How Parklea stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Parklea sits above the state median; negative means below.
| Metric | Parklea | NSW median | Δ vs state |
|---|---|---|---|
| Population | 3,684 | 5,325 | -31% |
| Median household income | $147,264/yr | $97,552/yr | +51% |
| Median rent (weekly) | $550 | $430 | +28% |
| Median mortgage (monthly) | $2,600 | $2,167 | +20% |
| Distance to CBD | 31 km | 45 km | -31% |
| Separate houses | 67% | 76% | -9pp |
Pre-inspection briefing for Parklea — every item is derived from public datasets, with full citations in our data sources page.
Moderate buy-and-hold potential: Parklea's 3,684-person market and $147,264 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.
Strong rental coverage: $550/week (~$2,383/month) covers 92% of the $2,600/month median mortgage repayment, so the shortfall sits at just $217/month. Investors targeting positive cash flow should shortlist this suburb.
With 67% houses in a 3,684-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a Parklea property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Parklea are modest for 2026 — incomes 51% above the NSW median of $97,552 and a population of 3,684 suggest gains will lag headline metro markets. Rental coverage runs at ~92% of the typical mortgage ($2,383/month rent vs $2,600/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 64/100 places Parklea in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.
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Parklea scores 64/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 3,684, median household income of $147,264/year and median weekly rent of $550. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Parklea are an above-state-median household income of $147,264/year, a dwelling mix that is 67% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Parklea has a usual resident population of approximately 3,684, compared with a New South Wales suburb median of 5,325 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Parklea sits 31 km straight-line from the Sydney CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.
The most recent census recorded a median weekly rent of $550 in Parklea, equating to approximately $28,600/year in gross rental income (state median $430/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Parklea is $2,600, or approximately $31,200/year (vs $2,167/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $550 works out to $2,383/month, covering 92% of the median mortgage repayment of $2,600/month. That leaves a $217/month shortfall (around $2,604/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are a thin buyer pool (3,684 residents), interest-rate sensitivity on the $2,600 median mortgage, the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.