Suburb Profile | Parkville


Mercer Pearce Project Packs, Market Intelligence and Real Estate

excerpt

The size of Parkville is approximately 4 square kilometres. It has 15 parks covering nearly 44% of total area. The population of Parkville in 2006 was 4,981 people. By 2011 the population was 6,182 showing a population growth of 24.1% in the area during that time. The predominant age group in Parkville is 15-24 years. Households in Parkville are primarily childless couples and are likely to be repaying $1800 - $2400 per month on mortgage repayments. In general, people in Parkville work in a professional occupation. In 2006, 37% of the homes in Parkville were owner-occupied compared with 39.1% in 2011. Currently the median sales price of houses in the area is $1,677,500.

 

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