How Much is My Home Worth in Parkdale?
The median price for a house in Parkdale is $1,200,000 as of March 28, 2019. A median-priced unit is $690,000. There have been 153 houses and 50 units sold this year. Of these property sales, there have been 76 three bedroom homes sold. The average annual capital growth for houses is 6.94% and units is 6.14%. The 12-month capital growth is -7.91% on houses and 2.29% for units. The Demand to Supply Ratio or DSR rating has houses and units or apartments as good. There is currently more demand than supply. Vendors are usually getting the price they are asking for. As an investment expect the capital growth to trend ahead of the national average. It takes on average 46 days to sell a house and 50 days to sell a unit.
House prices and rent returns in Parkdale.
- 2 bedroom home $925,000 Rent per week $450
- 3 bedroom home $1,182,000 Rent per week $523
- 4 bedroom home $1,432,000 Rent per week $705
Unit prices and rent returns in Parkdale.
- 2 bedroom unit $449,500 Rent per week $310
- 2 bedroom unit $620,500 Rent per week $395
- 3 bedroom unit $900,000 Rent per week $530
The gross rental yield for houses in Parkdale is 2.59% and for units, it is 3.10%.
Free Real Estate Appraisal Parkdale
Selling your house in Parkdale? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location to amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Parkdale
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 3600 properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the landlord and keep them up to speed with the rental of their property.
Property Valuation Parkdale
Are you aware that a property valuation and a real estate appraisal are different? Any licenced real estate agent can provide an appraisal of any type of property. But if for legal purposes you need a valuation then you must employ a licenced valuer. This will come at a cost.
Aerial view of Parkdale
Recent Sold Homes in Parkdale
Browse our list of recently sold homes in Parkdale. Our sales list includes houses, apartments, units and land.
Lifestyle in Parkdale
About 11,700 people reside in Parkdale which is located 23 kilometres south-east Melbourne. The southern border runs along Port Phillip bay. Its neighbours include Mentone and Mordialloc. There is the Parkdale railway station which runs on the Frankston line. There are reserves named Gerry Green and Walter Galt. There are a few shops and a library.
Schools in Parkdale
There are 3 schools in Parkdale.
- Parkdale Primary School Co-educational
- Parktone Primary School Co-educational
- St. John Vianney’s Primary School Co-educational