P a r k w o o d M a r k e t U p d a t e • 1 st H a l f 2 0 2 6 In Q1 2026, Parkwood* recorded a median house price of $1,360,000 and a median unit price of $635,000. This is an annual (Q1 2025 – Q1 2026) 23.6% median price growth for houses, while the number of house sales declined by -27.6% (to 21 in Q1 2026). This suggests an undersupplied house market in Parkwood*, thus, an ideal time for owners to sell. Median unit price has declined by -15.3% in the past 12 months, however the unit market in Parkwood* is significantly small, at only 4 sales in Q1 2026. Most house sales were almost evenly split, between the most affordable price range of $1.0M - $1.25M (32.6%) and middle-price bracket of $1.25M-$1.5M (31.1%). Without any new houses planned from 2026 onwards, median house prices are expected to increase further. Thus, buyers must act fast.
CHANGE FROM LAST
MEDIAN SALES PRICE Q1 2026
YEAR
HOUSE SALE S HOUSE ME DIAN PRICE
$1.36M
HOUSE RE NTAL PRICE
$635K
MEDIAN RENTAL PRICE Q1 2026
UNIT SALE S UNIT ME DIAN PRICE
$950
UNIT RE NTAL PRICE
$
$750
PRICE BREAKDOWN 2026 HOUSES SOLD 8.3% 11.4%
31.1%
UNITS SOLD 5.6%
16.7%
16.7%
Less than $999,999 $1,000,000 to $1,249,999
$400,000 to $499,999
$1,250,000 to $1,499,999
$500,000 to $599,999
$1,500,000 to $1,749,999
32.6%
Less than $399,999
$1,750,000 and above
$600,000 to $699,999
77.8%
$700,000 and above
MARKET COMPARISON Parkwood (4214) House
Gold Coast LGA House
Parkwood (4214) Unit
Gold Coast LGA Unit
$2,000,000 $1,500,000 $1,000,000 $500,000 $0 2022
2023
2024
2025
2026#
PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research. © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed. © Copyright PRD 2026.