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Suburb Insights · QLD 4702

Parkhurst, QLD 4702 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Parkhurst is a coastal suburb in Queensland, Australia, with a population of approximately 3,043, making it a boutique locality. Located approximately 528 km from the Brisbane CBD, Parkhurst is a coastal area in Queensland. The median household income is $115,804 per year.

Investment Score

63 / 100 Good

Parkhurst benefits from a high-income resident base, supporting premium property pricing. The coastal setting provides a lifestyle factor that underpins property values.

Location

Brisbane
Parkhurst
Queensland · 4702
528 km from Brisbane CBD
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Key Indicators

Postcode
4702

Official Australia Post postcode for Parkhurst. A postcode may cover multiple suburbs.

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Population
3,043

Usual resident population at the most recent census.

Median weekly rent
$360/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$115,804/yr

Annual median household income (before tax) across all households.

Distance to CBD
528 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,842/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
90% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Parkhurst

Who Parkhurst Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersPrices sit above the Queensland median — stretch goal.
💼ProfessionalsAround 528 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Solid transport links into employment hubs.
  • Coastal lifestyle attracts renters and owner-occupiers alike.

Cons

  • Long distance to the CBD (528 km) — plan for commute time or local employment.
  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.

Investment Insight

Parkhurst is a smaller community of 3,043 — about 56% of the Queensland suburb median (5,474) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $115,804/year runs 28% above the Queensland suburb median of $90,298, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Rent of $360/week (85% coverage of the $1,842/month median mortgage) leaves a gap of roughly $282/month that a typical investor bridges with negative gearing, depreciation and capital growth. Parkhurst is 528 km from Brisbane, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Investment Tip

This suburb can suit investors targeting renter demand driven by lifestyle. Insurance, climate risk, and seasonal rental patterns all warrant a close look. Local rents consume roughly 16% of household income — a useful sanity check on tenant affordability.

Parkhurst vs Queensland Median

How Parkhurst stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Parkhurst sits above the state median; negative means below.

MetricParkhurstQLD medianΔ vs state
Population3,0435,474-44%
Median household income$115,804/yr$90,298/yr+28%
Median rent (weekly)$360$385-6%
Median mortgage (monthly)$1,842$1,733+6%
Distance to CBD528 km62 km+752%
Separate houses90%77%+13pp

Investor Checklist

Pre-inspection briefing for Parkhurst — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Parkhurst's 3,043-person market and $115,804 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

Rental Yield

Strong rental coverage: $360/week (~$1,560/month) covers 85% of the $1,842/month median mortgage repayment, so the shortfall sits at just $282/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 90% houses in a 3,043-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Parkhurst property

Full Property Analysis

30-year projections for Parkhurst

Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Parkhurst are modest for 2026 — incomes 28% above the QLD median of $90,298 and a population of 3,043 suggest gains will lag headline metro markets. Rental coverage runs at ~85% of the typical mortgage ($1,560/month rent vs $1,842/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 63/100 places Parkhurst 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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Frequently Asked Questions

Is Parkhurst a good suburb for investment?

Parkhurst scores 63/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 3,043, median household income of $115,804/year and median weekly rent of $360. 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.

What drives property demand in Parkhurst?

The main demand drivers in Parkhurst are an above-state-median household income of $115,804/year, a dwelling mix that is 90% 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.

What is the population of Parkhurst?

Parkhurst has a usual resident population of approximately 3,043, compared with a Queensland suburb median of 5,474 — 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.

How far is Parkhurst from the Brisbane CBD?

Parkhurst sits 528 km straight-line from the Brisbane CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Parkhurst?

The most recent census recorded a median weekly rent of $360 in Parkhurst, equating to approximately $18,720/year in gross rental income (state median $385/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Parkhurst?

The median monthly mortgage repayment in Parkhurst is $1,842, or approximately $22,104/year (vs $1,733/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.

Is Parkhurst cash-flow positive for investors?

A median weekly rent of $360 works out to $1,560/month, covering 85% of the median mortgage repayment of $1,842/month. That leaves a $282/month shortfall (around $3,384/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.

What are the main risks of investing in Parkhurst?

The main risks are a thin buyer pool (3,043 residents), interest-rate sensitivity on the $1,842 median mortgage, the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Parkhurst profile

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.

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Queensland Property Resources