Atlaso rates Parramatta Park units as HOLD. Average growth outlook. Vacancy is extremely tight at 0.72%, well below the 2.5% equilibrium, but conviction is not high enough for a BUY rating. Better units options may be available in Cairns.
At $460K, Parramatta Park ranks #11 of 23 units in Cairns. The long-term structural outlook is Average. Prices grew 21.2% over the past year, showing strong momentum.
OPPORTUNITY ENGINE
Structural opportunity remains selective at this price level.
Shifting to BuyersEarly signs of easing. Monitor for entry.
+2.3%
Asking Prices (3mo)
+6.5%
Rents (12mo)
0.8%
Vacancy
39%
Fresh Stock (<30d)
Unit Asking Prices (12 months)
$456K
Unit Weekly Rents (12 months)
$505/wk
Vacancy Rate (24 months)
--- 1.5% tight--- 3.0% loose
Listing Age (12 months)
Fresh (<30d)30-60d60-90d90-180d180d+
Data for postcode 4870.
Momentum Health
Monitor
35% stall probability
Parramatta Park is growing at 21.2% annually but early warning signals are appearing. Watch for vacancy loosening or yield compression over the next quarter.
STALL RISK35%
Suburb Profile
Parramatta Park at a Glance
SEIFA Index
5/10
Average
Household Income
$1,510/wk
Median household
Median Age
39
Years
Mortgage Stress
24%
of income
Population Growth
+0.7%
vs state +1.8%
Ownership Mix
20.4%owned36.4%mortgage37.9%renting
Demographic Trends
Parramatta Park Over Time
Median Household Income (Census)
Population Growth Rate (Census)
Dwelling Composition (Census)
Rental Yield History
Census data: ABS. Yield series: weekly market data.
Full Parramatta Park Analysis
Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.
3-Year Structural OutlookStrong
Conviction LevelHigh
Fair Value GapX.X% undervalued
3-Bed House Price$X,XXX,XXX
Gross YieldX.X%
Weekly Rent$XXX
SEIFA DecileX/10
Building ApprovalsXX dwellings
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Atlaso rates Parramatta Park as HOLD 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 $460K, with annual growth of +8.7%. Properties sell in approximately 30 days.
How fast do properties sell in Parramatta Park?
Properties in Parramatta Park sell in 30 days on average. The market is currently rated Average. This is in line with the broader market.
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 6.4%. 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).