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Parklands 7320

Market analysis for investment properties in Parklands

Median Price

$710,000

Trend:Accelerating
+38.5%
Median Rent

$460/pw

Trend:Steady
+4.5%
Rental Yield

3.37%

Trend:Decelerating
-24.4%
Median DoM

123 Days

Trend:Accelerating
+127.8%
Market Analysis

Why investors are watching Parklands right now.

Parklands, Tasmania offers residents convenient shopping options with several retail centers and supermarkets within a short drive, such as the Parklands Shopping Centre and Burnie Central.

Families in Parklands have access to quality education with a good selection of primary and secondary schools nearby, including Parklands High School and Cooee Primary School, providing a diverse range of educational opportunities for children.

The suburb is well-connected to the CBD of Burnie, located just a few minutes' drive away. Residents can easily access the CBD via Bass Highway and Mount Street, providing a direct route to the city center for work or leisure.

Parklands boasts a lush, green environment with ample green spaces, parks, and reserves for residents to enjoy outdoor activities. The Burnie Park and Fern Glade Reserve are popular choices for picnics, walks, and recreational pursuits in a natural setting.

Public transportation options in Parklands include bus services operated by Metro Tasmania, offering residents convenient and accessible travel routes to and from the CBD and surrounding areas. The bus network ensures connectivity and ease of commuting for residents without personal vehicles.

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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 Parklands often compare these adjacent markets for better entry points or higher yields.

View LGA Dashboard

Brooklyn

9347km from center

Median Price

$457k

+48.6%

Rental Yield

4.8%

Gross annual

Acton

9347km from center

Median Price

$429k

+19.2%

Rental Yield

5.2%

Gross annual

Shorewell Park

9347km from center

Median Price

$426k

+17.5%

Rental Yield

5.0%

Gross annual

Strategy by LighthousePA

Where will Parklands be in 2026?

Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Parklands, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

  • Wealth Planning
  • Ownership Structuring
  • Buyers Advocacy
  • Property Negotiation
Consult LighthousePA
LighthousePA (Property Advisors) - Expert buyers advocates and investment strategists in Parklands
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Expert Advice

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Investment Insights & FAQ

Frequently asked questions about the Parklands property market in 2026.

As of March 2026, the Parklands property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 38.54%. These figures reflect the evolving demand within Burnie, offering potential for capital appreciation.

Based on the latest market snapshot, median property prices in Parklands range from $710,000 for houses. These values are calculated based on recent transaction data and current buyer activity across the Burnie region.

For investors targeting cash flow, houses rent for $460 /pw with a 3.37% yield. This rental performance is a key indicator of strong tenant demand within the Parklands area.

Market Insights Last Updated: March 2026