Parramatta Park 4870
Market analysis for investment properties in Parramatta Park
Median Price
$747,500
Trend:Steady
+1.4%
Median Rent
$580/pw
Trend:Decelerating
-3.3%
Rental Yield
4.03%
Trend:Decelerating
-4.7%
Median DoM
Not enough data
Trend:Not available
Market Analysis
Why investors are watching Parramatta Park right now.
Within Parramatta Park, Queensland, residents have access to a variety of shopping options, including the Cairns Central Shopping Centre which offers a range of retail stores, dining options, and services.
Families living in Parramatta Park benefit from proximity to reputable schools such as Parramatta State School for primary education and Trinity Bay State High School for secondary education, providing quality educational opportunities for students.
The suburb is well-connected to the Cairns CBD via reliable public transport options. Residents can access the CBD easily by taking the Sunbus bus services that run frequently through Parramatta Park, providing convenient commuting options.
Parramatta Park boasts abundant greenery, with several parks and reserves in the vicinity such as Parramatta Park, offering residents spaces for outdoor activities, picnics, and leisurely strolls amidst nature.
Additionally, the suburb is surrounded by the natural beauty of tropical North Queensland, including the nearby Great Barrier Reef and lush rainforests, providing residents with opportunities to explore and enjoy the diverse landscapes of the region.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Parramatta Park often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Parramatta Park be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Parramatta Park, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
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Investment Insights & FAQ
Frequently asked questions about the Parramatta Park property market in 2026.
As of March 2026, the Parramatta Park property market presents a stable investment landscape. Over the last 12 months, houses have seen an annual growth rate of 1.36% and units have grown by 19.87%. These figures reflect the evolving demand within Cairns, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Parramatta Park range from $747,500 for houses to $460,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Cairns region.
For investors targeting cash flow, houses rent for $580 /pw with a 4.03% yield, while units rent for $470 /pw with a 5.31% yield. This rental performance is a key indicator of strong tenant demand within the Parramatta Park area.
Market Insights Last Updated: March 2026