This property is Off Market
With an average age of 43, households expect an average monthly mortgage payment of $1,610 or a weekly rent payment of $350. The average family earns a weekly income of $2,218 with a typical household size of 2.7 and a 93.49% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Parkwood are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Parkwood changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Parkwood necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
(Country of Birth not stated 1%)
Parkwood - Ferndale - Lynwood a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Western Australia State average 54 / 100
Income
50 / 100
55 / 100
Industry
55 / 100
48 / 100
Population
37 / 100
35 / 100
House Prices
62 / 100
62 / 100
Jobs
17 / 100
17 / 100
Incidents Trend State Average
Riverton Primary School
Riverton, WA, 6148 State K-6
Rostrata Primary School
Willetton, WA, 6155 State K-6
Bannister Creek Primary School
Lynwood, WA, 6147 State K-6
Orana Catholic Primary School
Willetton, WA, 6155 Independent PP-6
Fountain College
Ferndale, WA, 6148 Independent PP-12
Riverton Education Support Centre
Riverton, WA, 6148 State K-6
OneSchool Global WA
Willetton, WA, 6155 Independent 3-12
Lynwood Senior High School
Parkwood, WA, 6147 State 7-12
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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