5 Malunna Crescent

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 415 properties. Over the last 5 years, Houses in Parklands have seen a 70.62% increase in median value, while Units have seen a 61.27% increase. As at 31 October 2024:

• The median value for Houses in Parklands is $505,047 while the median value for Units is $369,390.
• Houses have a median rent of $420 while Units have a median rent of $190.