ABS 2021 Census · Updated 31 March 2026
Parkwood is an outer-metropolitan suburb of Perth, Australia, with a population of approximately 5,995, making it a smaller community. Located approximately 12 km from the Perth CBD, Parkwood is a outer metro area in Western Australia. The median household income is $83,148 AUD per year (ABS 2021 Census).
Household incomes in Parkwood sit in a comfortable mid-range for the Western Australia market. Its proximity to the CBD adds a strong location premium.
Map shows Parkwood, Western Australia, Australia.
Official Australia Post postcode for Parkwood. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Parkwood on My School →Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →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 →Parkwood's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $350/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,677/month. The median household income of $83,148/year reflects a solid demographic, supporting sustainable rental demand. 79% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
Parkwood offers moderate buy-and-hold potential — look for properties with value-add opportunities.
Parkwood can deliver reasonable rental income, though yields are not the primary draw.
The resale market in Parkwood may not support quick-turnaround renovation projects.
Run the numbers on a Parkwood property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Parkwood is expected to see moderate price growth in 2026 as the broader Western Australia market stabilises. The rental market in Parkwood should see steady occupancy, with moderate upward pressure on rents. The market mood around Parkwood is balanced — neither bullish nor bearish heading into 2026.
Parkwood is a outer metro area in Western Australia with a population of 5,995. The median rent is $350/week and the median household income is $83,148/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Parkwood include affordability relative to inner suburbs and expanding infrastructure. 79% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.
According to the ABS 2021 Census, Parkwood has a population of approximately 5,995. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Parkwood is approximately 12 km straight-line distance from the Perth CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.