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Suburb Insights ยท QLD 4870

Parramatta Park 4870, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Parramatta Park is a coastal suburb in Queensland, Australia, with a population of approximately 3,621, making it a boutique locality. Located approximately 1390 km from the Brisbane CBD, Parramatta Park is a coastal area in Queensland. The median household income is $62,972 AUD per year (ABS 2021 Census).

Investment Score

44 / 100 Moderate

Household earnings in Parramatta Park are below the state average, which may affect long-term capital growth. The coastal setting provides a lifestyle factor that underpins property values.

Location

Map shows Parramatta Park, Queensland, Australia.

Key Indicators

Postcode
4870

Official Australia Post postcode for Parramatta Park. A postcode may cover multiple suburbs.

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Population
3,621

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

ABS Census Data โ†’
Median Rent (weekly)
$290/wk

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

State Rental Authority โ†’
Median Household Income
$62,972/yr

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

ABS Census Data โ†’
Distance to CBD
1390 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
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,300/mo

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

ABS Census Data โ†’
Dwelling Type
30% 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 Parramatta Park, 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 $290/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,300/month. With only 30% separate houses, Parramatta Park has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Holding property in Parramatta Park over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Parramatta Park's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

Limited buyer depth in Parramatta Park makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Parramatta Park property

Full Property Analysis

30-year projections for Parramatta Park

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

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Price movement in Parramatta Park is expected to be flat to modest in 2026, reflecting broader regional market conditions. Tenants in Parramatta Park have options โ€” presenting well-maintained properties is key to minimising vacancy. Parramatta Park is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Parramatta Park a good suburb for investment?

Parramatta Park is a coastal area in Queensland with a population of 3,621. The median rent is $290/week and the median household income is $62,972/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 Parramatta Park?

Key demand drivers in Parramatta Park include lifestyle appeal and proximity to the coast. 30% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Parramatta Park?

According to the ABS 2021 Census, Parramatta Park has a population of approximately 3,621. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Parramatta Park from the Brisbane CBD?

Parramatta Park is approximately 1390 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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