Park Avenue Suburb Profile
Queensland 4701

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Park Avenue has 2,664 properties. Over the last 5 years, Houses in Park Avenue have seen a 104.70% increase in median value, while Units have seen a 62.65% increase. As at 31 October 2024:

  • The median value for Houses in Park Avenue is $419,433 while the median value for Units is $370,965.
  • Houses have a median rent of $480 while Units have a median rent of $340.
There are currently 15 properties listed for sale, and 12 properties listed for rent in Park avenue on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Park avenue.

The size of Park Avenue is approximately 4.6 square kilometres. It has 6 parks covering nearly 12% of total area. The population of Park Avenue in 2011 was 5,366 people. By 2016 the population was 5,089 showing a population decline of 5.2% in the area during that time. The predominant age group in Park Avenue is 20-29 years. Households in Park Avenue are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Park Avenue work in a trades occupation. In 2011, 60.3% of the homes in Park Avenue were owner-occupied compared with 61.8% in 2016.

Suburb Insights for PARK AVENUE 4701

Market Insights
Park Avenue Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Park Avenue Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 5,089

0-9

 

14%

10-19

 

12%

20-29

 

15%

30-39

 

13%

40-49

 

12%

50-59

 

12%

60-69

 

10%

70-79

 

7%

80-89

 

5%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 22/11/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.