4/2 Bay Street

Parklands TAS 7320

The size of Parklands is approximately 0.8 square kilometres. It has 4 parks covering nearly 13.8% of total area. The population of Parklands in 2011 was 815 people. By 2016 the population was 849 showing a population growth of 4.2% in the area during that time. The predominant age group in Parklands is 50-59 years. Households in Parklands are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parklands work in a professional occupation. In 2011, 74.1% of the homes in Parklands were owner-occupied compared with 66.7% in 2016.

Parklands has 413 properties. Over the last 5 years, Houses in Parklands have seen a 66.49% increase in median value, while Units have seen a 52.63% increase. As at 31 January 2025:

• The median value for Houses in Parklands is $513,793 while the median value for Units is $356,599.
• Houses have a median rent of $430 while Units have a median rent of $190.