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Suburb Insights · QLD 4417

Parknook, QLD 4417 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Parknook is a regional centre in Queensland, Australia, with a population of approximately 55, making it a boutique locality. Located approximately 381 km from the Brisbane CBD, Parknook is a regional area in Queensland. The median household income is $136,448 per year.

Investment Score

48 / 100 Moderate

Strong household incomes in Parknook underpin solid property demand. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Brisbane
Parknook
Queensland · 4417
381 km from Brisbane CBD
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Key Indicators

Postcode
4417

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

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Population
55

Usual resident population at the most recent census.

Median weekly rent
$200/wk

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

Median household income
$136,448/yr

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

Distance to CBD
381 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
$1,500/mo

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

Home type
100% houses

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

Investment Insight

Parknook is a smaller community of 55 — about 1% 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 $136,448/year runs 51% 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 $200/week (~$867/month) covers only 58% of the median mortgage of $1,500/month — the remaining $633/month must be funded from other income, so this suburb tilts toward capital growth rather than yield. Parknook is 381 km from Brisbane, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 100% of dwellings — 23 percentage points above the Queensland median of 77% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Parknook vs Queensland Median

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

MetricParknookQLD medianΔ vs state
Population555,474-99%
Median household income$136,448/yr$90,298/yr+51%
Median rent (weekly)$200$385-48%
Median mortgage (monthly)$1,500$1,733-13%
Distance to CBD381 km62 km+515%
Separate houses100%77%+23pp

Investor Checklist

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

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 55 means liquidity is thin and capital growth tends to lag the wider Queensland market over full cycles.

Rental Yield

Weak cash flow: $200/week rent covers only 58% of the $1,500/month median mortgage — a $633/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

⚠️
Renovation / Flip

With 100% houses in a 55-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 Parknook property

Full Property Analysis

30-year projections for Parknook

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Parknook are modest for 2026 — incomes 51% above the QLD median of $90,298 and a population of 55 suggest gains will lag headline metro markets. Rental coverage runs at ~58% of the typical mortgage ($867/month rent vs $1,500/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 48/100 places Parknook in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Parknook a good suburb for investment?

Parknook scores 48/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 55, median household income of $136,448/year and median weekly rent of $200. 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 Parknook?

The main demand drivers in Parknook are an above-state-median household income of $136,448/year, a dwelling mix that is 100% 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 Parknook?

Parknook has a usual resident population of approximately 55, 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 Parknook from the Brisbane CBD?

Parknook sits 381 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 Parknook?

The most recent census recorded a median weekly rent of $200 in Parknook, equating to approximately $10,400/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 Parknook?

The median monthly mortgage repayment in Parknook is $1,500, or approximately $18,000/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 Parknook cash-flow positive for investors?

A median weekly rent of $200 works out to $867/month, covering 58% of the median mortgage repayment of $1,500/month. That leaves a $633/month shortfall (around $7,596/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 Parknook?

The main risks are a thin buyer pool (55 residents), interest-rate sensitivity on the $1,500 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 Parknook 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.

Nearby Suburbs

Queensland Property Resources