Suburb overview
Parkinson is a well-established middle-ring suburb of Brisbane, Australia, with a population of approximately 11,148, making it a smaller community. Located approximately 19 km from the Brisbane CBD, Parkinson is a middle ring area in Queensland. The median household income is $113,776 per year.
Location
Key indicators
Postcode
4115
Postcode for Parkinson, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →
Population
11,148
Usual resident population at the most recent census.
Median weekly rent
$700/wk
Median weekly rent — as at Mar 2026, Residential Tenancies Authority (Qld) (CC BY 4.0).
Distance to CBD
19 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Housing
Median monthly mortgage
$1,950/mo
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
83% houses
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Why people like living in Parkinson
- Well-connected to Brisbane at ~19 km from the CBD.
- Predominantly separate houses (83%) — suburban lifestyle with more land.
- Established streets, local shops, and schools within the neighbourhood.
Who Parkinson suits
Pros and cons
Pros
- Rent sits within an affordable share of local incomes, supporting tenant demand.
- Established middle-ring position between the CBD and the urban fringe.
- Established infrastructure and existing community base.
Cons
- Median mortgage sits above the Queensland state median — entry costs are stretched.
- Traffic can build during peak hours, especially on arterial roads.
Investment insight
With 11,148 residents, Parkinson is one of Queensland's more populous suburbs — roughly 2.0× the state median of 5,474 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Median household income of $113,776/year runs 26% 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. Median rent of $700/week (as at Mar 2026, Residential Tenancies Authority (Qld)) equates to roughly $3,033/month — about 156% of the $1,950/month median mortgage repayment recorded at the 2021 Census. On those figures rental income covers most or all of the recorded repayment, but repayments on new loans have risen with interest rates since 2021, so re-run the coverage at today's rates before treating this as a cash-flow suburb. 19 km from Brisbane places Parkinson in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.
Investment tip
Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. At the 2021 Census, local rents consumed roughly 21% of household income — a dated but useful sanity check on tenant affordability.
Parkinson vs Queensland median
How Parkinson stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Parkinson sits above the state median; negative means below.
| Metric | Parkinson | QLD median | Δ vs state |
|---|---|---|---|
| Population | 11,148 | 5,474 | +104% |
| Median household income | $113,776/yr | $90,298/yr | +26% |
| Median rent (weekly, 2021 Census) | $450 | $385 | +17% |
| Median mortgage (monthly, 2021 Census) | $1,950 | $1,733 | +13% |
| Distance to CBD | 19 km | 62 km | -69% |
| Separate houses | 83% | 77% | +6pp |
Investor checklist
Pre-inspection briefing for Parkinson — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 11,148 residents — 204% of the QLD suburb median (5,474).
- Purchasing power: median household income $113,776/year (+26% vs Queensland suburb median of $90,298).
- Cash-flow coverage (2021 Census): $450/week rent (≈ $1,950/month) covered ~100% of the $1,950/month median mortgage at the 2021 Census — verify against current rents and rates.
- CBD access: 19 km straight-line from Brisbane (state suburb median 62 km).
- Dwelling mix: 83% separate houses — house-dominant market (vs 77% state median).
- Rate stress-test: budget ~$195/month extra for a 1-percentage-point RBA rate rise on top of the $1,950/month median repayment.
- Tenant rent burden: 21% of the median household income is spent on rent — comfortably affordable.
Investment strategy
Strong buy-and-hold fundamentals: household incomes run 26% above the Queensland suburb median ($113,776 vs $90,298), and the 19 km CBD distance keeps this suburb in the primary demand zone. In Queensland, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.
Strong rental coverage at the 2021 Census: $450/week (~$1,950/month) covered 100% of the $1,950/month median mortgage, a shortfall of just $0/month. Both rents and repayments have moved since 2021 — verify current figures, though this suburb has historically leaned cash-flow-friendly.
With 83% houses in a 11,148-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
- Interest-rate sensitivity: the $1,950/month median mortgage in Parkinson means a 1-percentage-point RBA rate rise could add roughly $195/month to repayments, reducing buyer borrowing capacity and cooling prices.
- Premium-pricing risk: incomes 26% above the Queensland median ($113,776 vs $90,298) correlate with elevated purchase prices and compressed gross yields — enter only with a clear capital-growth thesis and a comfortable deposit.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Parkinson regardless of local market conditions.
- Market cycle risk: property markets are cyclical, so stress-test your projections in Parkinson with a 10–15% price pullback scenario before committing capital — returns to date are not a guarantee of future performance.
Run the numbers on a Parkinson property
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Start your journey near Parkinson →2026 outlook
Parkinson enters 2026 with a demographic tailwind — household incomes 26% above the Queensland suburb median of $90,298 and a population of 11,148 give it the depth and purchasing power to outperform the wider QLD market over the next 12–18 months. At the 2021 Census, rental coverage ran at ~100% of the typical mortgage ($1,950/month rent vs $1,950/month repayment), keeping cash flow in positive or near-neutral territory. Verify against current rents and rates. Overall investor sentiment for Parkinson is constructive heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Queensland median.
Frequently asked questions
Is Parkinson a good suburb for investment?
Whether Parkinson suits you depends on your strategy, but the fundamentals are concrete: a population of 11,148, a median household income of $113,776/year and median weekly rent of $450. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Parkinson?
The main demand drivers in Parkinson are proximity to Brisbane (19 km), an above-state-median household income of $113,776/year, a dwelling mix that is 83% separate houses. Together these shape both owner-occupier and tenant demand.
What is the population of Parkinson?
Parkinson has a usual resident population of approximately 11,148, compared with a Queensland suburb median of 5,474 — placing it in the upper 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 Parkinson from the Brisbane CBD?
Parkinson sits 19 km straight-line from the Brisbane CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.
What is the median rent in Parkinson?
The median weekly rent in Parkinson is $700 (as at Mar 2026, Residential Tenancies Authority (Qld)), equating to approximately $36,400/year in gross rental income. Confirm against current listings on realestate.com.au and Domain before making an offer.
What is the typical mortgage repayment in Parkinson?
The median monthly mortgage repayment in Parkinson is $1,950, or approximately $23,400/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 Parkinson cash-flow positive for investors?
A median weekly rent of $450 works out to $1,950/month, covering 100% of the median mortgage repayment of $1,950/month. That means rent exceeds the median repayment by roughly $-0/month, so on these numbers Parkinson leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. 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 Parkinson?
The main risks are interest-rate sensitivity on the $1,950 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 Parkinson profile
The population figure on this page comes from the ABS 2021 Census. The postcode comes from a community postcode dataset cross-checked against Australia Post. The dwelling mix is from the ABS 2021 Census. The median household income is the ABS 2021 Census median weekly household income, annualised. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage figures are 2021 figures and are labelled as such wherever they appear — they are five years old and have moved substantially since. The current median weekly rent in Key indicators is a genuine recent figure from Residential Tenancies Authority (Qld) (Mar 2026), published under a Creative Commons licence and dated on the page. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.