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Suburb Insights ยท QLD 4214

Parkwood 4214, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Parkwood is a coastal suburb in Queensland, Australia, with a population of approximately 8,837, making it a smaller community. Located approximately 63 km from the Brisbane CBD, Parkwood is a coastal area in Queensland. The median household income is $107,328 AUD per year (ABS 2021 Census).

Investment Score

67 / 100 Good

Strong household incomes in Parkwood underpin solid property demand. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Map shows Parkwood, Queensland, Australia.

Key Indicators

Postcode
4214

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

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Population
8,837

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$538/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$107,328/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
63 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
4

Estimated 4 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,894/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
88% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Parkwood, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Queensland consistently attract interstate migration and lifestyle buyers. The median rent of $538/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,894/month. A median household income of $107,328/year supports premium property values and indicates a well-employed resident base. 88% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Parkwood could work well with careful property selection and a longer time horizon.

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Rental Yield

Strong tenant demand in Parkwood underpins consistent rental income and low vacancy risk.

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Renovation / Flip

Selective flip opportunities exist in Parkwood for investors with local market knowledge.

Risk Factors

Run the numbers on a Parkwood property

Full Property Analysis

30-year projections for Parkwood

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

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Parkwood is expected to see moderate price growth in 2026 as the broader Queensland market stabilises. The rental market in Parkwood should see steady occupancy, with moderate upward pressure on rents. The market mood around Parkwood is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Parkwood a good suburb for investment?

Parkwood is a coastal area in Queensland with a population of 8,837. The median rent is $538/week and the median household income is $107,328/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Parkwood?

Key demand drivers in Parkwood include lifestyle appeal and proximity to the coast. 88% of dwellings are separate houses. The area has approximately 2 schools and 4 parks nearby.

What is the population of Parkwood?

According to the ABS 2021 Census, Parkwood has a population of approximately 8,837. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Parkwood from the Brisbane CBD?

Parkwood is approximately 63 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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