Paraparap Suburb Profile

Victoria 3240

Paraparap has 92 properties. Over the last 5 years, Houses in Paraparap have seen a 102.15% increase in median value, while Units have seen a 8.13% increase. As at 30 November 2024:

• The median value for Houses in Paraparap is $2,963,399 while the median value for Units is $664,330.

The size of Paraparap is approximately 37.1 square kilometres. It has 1 park covering nearly 3.6% of total area. The population of Paraparap in 2011 was 272 people. By 2016 the population was 157 showing a population decline of 42.3% in the area during that time. The predominant age group in Paraparap is 60-69 years. Households in Paraparap are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Paraparap work in a professional occupation. In 2011, 85.7% of the homes in Paraparap were owner-occupied compared with 93.5% in 2016..