Get a property report and suburb profile for any property in Parkinson

Parkinson is a southern Brisbane suburb of mostly low-rise, brick-and-tile family homes on generous blocks, with pockets of newer townhouses. It has a quietly residential character with local parks, sports fields and small reserves, and it suits families and people who favour space and a quieter street scene. The community numbers 11,148 people, with a median age of 37, and is weighted towards families: couple families with children make up 57.2% of families. Homes are largely owner-occupied, with 79.8% owned outright or with a mortgage and about 20.2% rented.

Daily shopping and dining are largely found in nearby Sunnybank and Calamvale, and the suburb is well connected by major roads for commuting. Several transport projects are affecting the area, including construction of the Loganlea station relocation, upgrades to the Logan Motorway and interchanges that serve Parkinson, and a local intersection upgrade that added lanes and improved pedestrian and cycle connections. Whether Parkinson suits you comes down to whether you want established, spacious suburban living in a suburb of families with practical access to nearby centres and improving transport links.

Buying a house in Parkinson sits well above local incomes as recorded at the most recent Census. The median house price of $1,420,000 is about 12.5 times a typical local household's annual income at the last Census (median weekly household income $2,188, annualised to $113,776). Renting is less stretched but still significant: with house rent around $780 a week against a typical local household income of $2,188 a week at the last Census, rent would take about 35.6% of that weekly income, a sizeable share. Whether that feels expensive depends on your own income and circumstances.

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

House values in Parkinson climbed 16.3% over the past 12 months, a strong rise in what houses are worth. Over the same year, house rents increased 8.3%, a solid gain in rental income.

For someone weighing Parkinson as an investment, the figures show capital growth on the house side outpaced rent gains this year. Which of those outcomes matters more will depend on whether you prioritise price growth or rental income and your own circumstances.

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.