Parkside Property Market And House Prices

Suburb of Timaru District

Ed McKnight

Author: Ed McKnight

Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.

Last Updated:

Key house price data for Parkside, Timaru District

Average House Value

3.4%
$453,850

Average Rent

$470

Estimated Yield

5.4%

Long Term Capital Growth

7.6%

Ed's Insights

Parkside is a suburb in Timaru District.

2,607 people currently live in Parkside. 34.6% of these people rent.

The average house value in Parkside is $453,850.

That’s down -5.2% from from 2 years ago.

The median rent in Parkside is $470.

Market Insight - Median House Price Trend

Sales Data

Average House Value

3.4%
$453,850

Median Days to Sell

43

Properties listed for sale in the last month

8

Properties sold in the last 12 months

45

Insights

The average house value in Parkside is $453,850.

On average it takes 43 days to sell a house.

All up 45 properties were sold in Parkside over the last year, and 8 properties were listed for sale in the last month.

Rental Data

Median Rent

$470

Rental properties listed last year

345

Rental properties listed last month

24

Median days to rent

21
BedroomsRentChange
2 Bedrooms
$450/week7.1%
3 Bedrooms
$540/week9.1%

Insights

There is no rental data available for Parkside at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Parkside want?

The most popular number of bedrooms a tenant rents in Parkside is 2 bedrooms.

34.7% of tenants in the suburb rent properties with 2 bedrooms.

The most popular number of cars in Parkside is 1 car.

41.9% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Parkside?

How many Cars do renters have in Parkside?