Parkwood is displaying strong investment fundamentals as of May 2026. With a vacancy rate of just 0.4%, rental properties in Parkwood are being absorbed rapidly by tenants — a clear signal of demand significantly exceeding supply. Days on market currently sit at 20 days, indicating buyers are competing actively for available stock.
Property values have grown 14.5% over the past 12 months, reflecting genuine market momentum and strong buyer competition. Rental yields of 5.8% provide solid income returns above the national average of approximately 4.5%. Building approvals in the area have declined 0.9% over the past 12 months, limiting future supply and supporting property values.
PropTime's composite model weighs these and 12 additional indicators to produce the 82/100 score — placing Parkwood among the top-performing suburbs nationally.
Parkwood is particularly suited to cashflow-focused investors. The 5.8% rental yield is above the national average, offering solid income potential.
Based on PropTime's analysis of 15 demand and supply indicators, Parkwood scores 82/100 — a Strong Buy signal. Key indicators include a 0.4% vacancy rate, 5.8% rental yield, and 14.5% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Parkwood data.
The current vacancy rate in Parkwood is 0.4%. This is below 1%, indicating very tight rental demand. Properties are being leased quickly and tenants are competing for available rentals.
The gross rental yield in Parkwood is 5.8%. The Australian national average is approximately 4.5%, so Parkwood is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Parkwood.
PropTime's composite model scores Parkwood at 82/100 as of May 2026. Strong price growth of 14.5% over the past 12 months suggests positive momentum. Create a free PropTime account to access the full 15-factor analysis for Parkwood.
Parkwood scores 82/100 on PropTime. Similar suburbs by score include Midland, Baldivis, Karrinyup, all within the same WA market.