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Parkinson suburb profile

Parkinson is a southern Brisbane suburb in the city's outer suburbs, characterised by quiet residential streets of low-set brick homes and modern brick veneer houses on medium blocks. The area has an established layout with tree-lined streets, neighbourhood parks and creek corridors that provide walking paths and green space.

Everyday shopping and services are found in nearby Calamvale and Browns Plains, while Parkinson is linked by arterial roads, regular bus routes and the nearby motorway network. Scattered schools, sports fields and community parks support an outdoor lifestyle, and a mix of standalone houses and townhouse pockets gives the area a suburban character.

Parkinson property market performance

Current median dwelling price$907,472Past 3 months

Property growth+13.4%Past 12 months

Parkinson's median house price is $1.34 million, having risen strongly by 18.3% over the last 12 months; the suburb is primarily a house market, with too few units having sold recently for a median to be published. There were 28 houses sold over the last 3 months and the median house spent 23 days on the market.

In Parkinson, house rents averaged $780 a week and rose solidly by 7.1% over the last 12 months, a rise that lagged behind house values.

HousesUnits
Median price
Past 3 months
$1.34MN/A
Change in value
Past 12 months
18.3%N/A
Sold
Past 3 months
28N/A
Median days on market
Past 12 months
23N/A
Average rent
Past 12 months
$780N/A
Change in rent
Past 12 months
7.1%N/A

5 year median price trend for houses and units

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Parkinson demographics

Parkinson is a community of families with children, with many households buying their homes and incomes above the median for Queensland.

Couples with children make up 57.2% of families while couples without children account for 29.7%. At the 2021 Census 11,148 people lived in Parkinson.

Parkinson and Queensland
SuburbQLD
Median age
years
3738
Median household income
weekly
$2,188$1,675
Couples with children
share of families
57.2%41.2%
Couples without children
share of families
29.7%40.3%
One-parent families
share of families
12.1%16.8%
Homes owned outright
share of homes
27.4%30.1%
Homes with a mortgage
share of homes
52.4%35.6%
Homes rented
share of homes
20.2%34.3%
Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Parkinson infrastructure, key developments and investment opportunities

Parkinson's Beaudesert Road and Illaweena Street intersection upgrade (part of the Mount Lindesay Arterial Road works) was completed in 2023, widening Beaudesert Road to six through lanes and delivering a fully protected intersection with separated bike lanes, extended turn lanes and upgraded bus stops.

Suburbs near Parkinson

Some popular suburbs near Parkinson include:

  • Calamvale: Established, multicultural suburb with plentiful parks and local shopping.
  • Drewvale: Small residential suburb with a quiet, suburban character.
  • Algester: Leafy, established residential area with parks and convenient amenities.
  • Sunnybank Hills: Hilly suburb known for diverse dining and abundant retail options.
  • Browns Plains: Commercial hub for the local area with extensive retail and bus connections.

How does Parkinson compare to nearby suburbs?

  • Median house prices: Parkinson’s median house price is 18.5% higher than Calamvale’s.
  • Median unit prices: Parkinson’s median unit price is 11.9% higher than Calamvale’s.
  • House price growth: Over the past 12 months, house prices in Parkinson have grown 5.9% higher than in Drewvale.
  • Unit price growth: Over the past 12 months, unit prices in Parkinson have grown 1.0% higher than in Algester.
  • Selling speed for houses: Properties in nearby Calamvale are selling 17.4% faster than in Parkinson.
  • Investment considerations: In Parkinson, the rental yield for house is 8.9% higher than the Brisbane average, while the rental yield for units is 6.9% higher.
  • House price growth: Over the past 12 months, house prices in Parkinson have grown 14.2% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Parkinson have grown 7.1% higher than the average rate of growth for units across Brisbane.

Common questions about Parkinson

  • Is Parkinson a nice place to live?

    Parkinson has quiet residential streets of low-set brick and modern brick-veneer homes, with tree-lined neighbourhood parks and creek corridors that provide walking paths.

    It is a community of families with children, with couples with children making up 57.2% of families, and many households buying their homes with incomes above the Queensland median. Everyday shopping and services are found in nearby Calamvale and Browns Plains, and Parkinson is linked by arterial roads, regular bus routes and the motorway network; scattered schools, sports fields and community parks support an outdoor lifestyle. The Beaudesert Road and Illaweena Street intersection upgrade has been completed, widening Beaudesert Road to six through lanes and adding separated bike lanes, extended turn lanes and upgraded bus stops.

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  • Is it expensive to live in Parkinson?

    Buying a house in Parkinson sits well above local incomes. At a median house price of $1,344,944, a house works out to about 11.8 times a typical local annual household income. Renting is less stretched but still significant: with house rent around $780 a week against a typical local household income of about $2,188 a week at the most recent Census, rent would take about 36% of that weekly income, a sizeable share. If you're renting rather than buying, that rent share is the figure that matters.

    Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

    Down Pointer

  • Is Parkinson a good place to invest?

    House values in Parkinson rose a strong 18.3% over the past 12 months, while house rents increased a solid 7.1%. For houses, capital growth outpaced rental income over that period, with values climbing noticeably more than rents.

    This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Choose the right real estate agents in Parkinson

Currently, there are 45 real estate agents working in Parkinson—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 45 agents sold 63.0% of all properties in Parkinson over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Parkinson typically charge a commission of 2.38% to 3.21%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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