Strong rental yield combined with tight vacancy creates durable income support and downside protection.
VERDICT
BUY
Yield-Supported Growth
DEMAND
82 buyers/listing
Strong↑
LIQUIDITY
55d DOM
Weak↓
AFFORDABILITY
16.9% vs 5yr
Weak↓
GROWTH OUTLOOK
Strong
Strong↑
YIELD
4.8%
Strong↑
SUPPLY PRESSURE
0.7% vacancy
Strong↑
#2/38StrongStructure 93$772K
Atlaso rates Parramatta Park houses as BUY for capital growth. Vacancy is extremely tight at 0.72%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.
At $772K, Parramatta Park ranks #2 of 38 houses in Cairns. The long-term structural outlook is Strong. Short-term momentum is accelerating.
OPPORTUNITY ENGINE
Structural opportunity remains selective at this price level.
5 stronger-positioned houses identified in Cairns.
Atlaso rates Parramatta Park as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Parramatta Park and 46 Australian cities to generate this rating.
What is the median house price in Parramatta Park?
The current median house price in Parramatta Park, qld is $772K, with annual growth of +26.0%. Properties sell in approximately 55 days.
How fast do properties sell in Parramatta Park?
Properties in Parramatta Park sell in 55 days on average. The market is currently rated Strong. This is slower than average, which may present opportunities for negotiation.
What is the growth outlook for Parramatta Park?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Parramatta Park's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Parramatta Park?
The gross rental yield for houses in Parramatta Park is 4.8%. This is above the national average, making it attractive for yield-focused investors.
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).