2/118 Greenacre Drive

Parkwood QLD 4214

The size of Parkwood is approximately 5.6 square kilometres. It has 7 parks covering nearly 20.3% of total area. The population of Parkwood in 2011 was 8,436 people. By 2016 the population was 8,700 showing a population growth of 3.1% in the area during that time. The predominant age group in Parkwood is 20-29 years. Households in Parkwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkwood work in a professional occupation. In 2011, 70.6% of the homes in Parkwood were owner-occupied compared with 66.9% in 2016.

Parkwood has 3,098 properties. Over the last 5 years, Houses in Parkwood have seen a 85.87% increase in median value, while Units have seen a 101.90% increase. As at 31 October 2024:

• The median value for Houses in Parkwood is $1,170,331 while the median value for Units is $717,390.
• Houses have a median rent of $850 while Units have a median rent of $495.