Parkwood 6147
Market analysis for investment properties in Parkwood
Median Price
$908,500
Trend:Accelerating
+14.3%
Median Rent
$700/pw
Trend:Steady
+4.5%
Rental Yield
4.01%
Trend:Decelerating
-8.4%
Median DoM
107 Days
Trend:Accelerating
+120.6%
Market Analysis
Why investors are watching Parkwood right now.
The Parkwood area in Western Australia offers convenient access to shopping amenities with the Westfield Carousel Shopping Centre located just a short drive away. This major retail hub features a wide range of stores, dining options, and entertainment facilities, providing residents with everything they need within a close vicinity.
Families residing in Parkwood have access to quality education options with both primary and secondary schools located within the nearby vicinity. The Parkwood Primary School and Lynwood Senior High School are notable institutions that offer comprehensive educational programs for students in the area.
Residents of Parkwood can easily commute to the Perth CBD via multiple transport options. The area is well-connected by bus services, with routes like the Transperth Bus 170 and 179 providing direct links to the Perth CBD, ensuring a convenient and efficient daily commute for working professionals.
Parkwood boasts an abundance of green spaces and parks, offering residents opportunities for outdoor recreation and relaxation. The Mary Carroll Park and Ferndale Park are popular nearby green areas where locals can enjoy picnics, walks, and various recreational activities, adding to the overall quality of life in the neighborhood.
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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 Parkwood often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Parkwood be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Parkwood, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
- Ownership Structuring
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Investment Insights & FAQ
Frequently asked questions about the Parkwood property market in 2026.
As of March 2026, the Parkwood property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 14.28% and units have grown by 16.81%. These figures reflect the evolving demand within Canning, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Parkwood range from $908,500 for houses to $660,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Canning region.
For investors targeting cash flow, houses rent for $700 /pw with a 4.01% yield, while units rent for $650 /pw with a 5.12% yield. This rental performance is a key indicator of strong tenant demand within the Parkwood area.
Market Insights Last Updated: March 2026