PARWAN
Investor score
53
Liveability score
52
Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.
Median price
Real$647,500
VIC Gov · 2025
Rent yield
Real2.7%
computed from govt data
Annual growth
Real1.8%
annualised from govt data
Vacancy rate
Est.1.4%
modelled estimate
AI insights for PARWAN
Investment analysis, risks & comparisons
PARWAN shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
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Median rent
$340/wk
DFFH Moving Annual Rent · Sep 2025
Demand change
+3.3%
annual shift
Yield × growth index
2.3
combined signal
Net yield (est.)
1.32%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+4.4%
est. compound, long-run avg
10-yr growth (CAGR)
+6.4%
est. compound, long-run avg
Rental demand
66 / 100
Strong demand
Supply pipeline
Est.2.8%
new dwellings approved / stock · Modelled estimate
Moderate supply
5-year price history
Source: VIC Gov · 2025 · all sources
Market overview
PARWAN is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.
Highlights
- Metro VIC suburb with strong infrastructure and transport
- Rental yield 2.7% with stable tenant demand
- Very low vacancy rate — high rental demand
- Access to national transport network and amenities
Risk factors
- Below-average growth — limited capital appreciation signal
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$1,806/wk
$99k taxable p.a.
Renters
20.4%
76.2% owner-occupier
Median age
37.0 yrs
Unemployment
4.5%
Population growth
+4.8% p.a.
Investor-owned
11.0%
of all dwellings (ATO)
Houses
48%
35% apartments
Degree qualified
47.8%
bachelor's or higher (ABS)
Work from home
20.8%
of employed residents (ABS Census)
Median lot size
460 m²
Standard block
Household size
2.3 persons
avg per dwelling (ABS Census)
Short-term rental
4.9%
Some Airbnb activity
Market activity
Distance to CBD
50.0 km
Regional
Days on market
35 days
Normal turnover
Auction clearance
75.0%
Strong demand
Walkability
0 / 100
Car-dependent
Coastal proximity
47.4 km
Inland
NBN technology
FTTPFastest — full fibre to premises
Population density
809/km²
Suburban
Schools in postcode 3340
🏫Primary (6)
Catholic · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Inner Regional
Government · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Inner Regional
🎓Secondary (1)
Government · Yrs 7-12 · Major Cities
📚Combined (1)
Independent · Yrs Prep-12 · Major Cities
ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.
Liveability & safety
Safety index
High crime7.9 offences / 100 persons
Source: VIC Crime Statistics Agency · Dec 2025
School quality
Average8 schools in postcode area
Source: ACARA My School 2025
Transit access
ExcellentSource: State GTFS feeds
Gentrification signal
38
/ 100
Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
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