Parkwood
Suburb profile, market snapshot and recent listings for Parkwood, QLD 4214.
About Parkwood
Welcome to Parkwood
Parkwood sits in the northern Gold Coast, roughly midway between the Southport CBD and the M1 Pacific Motorway, bordered by Molendinar, Ashmore, Gaven, Labrador and Southport. It occupies a comfortable middle ground — close enough to the coast and city amenities to feel connected, yet spacious and quiet enough to feel like a genuine neighbourhood rather than a suburb in transit.
The area draws a broad cross-section of residents: families who want room to move and good local schools, professionals who need fast motorway or light-rail access to Brisbane or the Gold Coast CBD, and upsizers who have watched the suburb's profile — and prices — climb steadily over recent years. With an overwhelming majority of detached houses on decent-sized blocks, Parkwood has a settled, owner-occupier feel that keeps streets calm and community ties tight.
Housing & architecture
Parkwood is firmly a house suburb — current listings run at 91% detached dwellings, with townhouses and vacant land making up the slim remainder. The streetscape reflects several decades of residential development, ranging from solid brick-and-tile homes built in the 1980s and 1990s through to more recent double-storey builds on smaller lots closer to the suburb's edges. Blocks are generally generous by modern Gold Coast standards, giving most homes a backyard large enough for a pool, a shed or both.
The result is a cohesive, low-density character that resists the kind of high-rise intrusion found closer to the Broadwater or Surfers Paradise. Renovators and knockdown-rebuild buyers have taken note, with a steady stream of updated and newly constructed homes lifting the overall quality of the housing stock.
The property market
Parkwood's median house price now sits at $1.31 million, a figure that reflects both the suburb's desirability and the broader Gold Coast market's strong run. Recent house price growth has reached 13.9%, underlining consistent demand from both owner-occupiers and investors. Median rent of $950 per week points to a healthy rental market — likely driven by the suburb's proximity to Southport's healthcare and education precincts, as well as its straightforward access to the motorway network.
With land listings accounting for just 4% of current stock, opportunities for new builds are narrowing, which tends to put a floor under existing property values. Buyers looking for a foothold before that window closes further will find Parkwood a more compelling proposition than many of its immediate neighbours.
Getting around
Parkwood is well served by the Gold Coast Light Rail (G:link), with stops on Parkwood Boulevard near Casper Street, near Gary Player Crescent and near Davis Court providing residents with walkable access to the tram network. The light rail connects north through Southport and south toward Broadbeach, making car-free commuting a genuine option for many households. The M1 Pacific Motorway is also close at hand, reducing drive times to Brisbane and the southern Gold Coast.
Local bus services complement the light rail, and the suburb's internal road grid is straightforward enough for cyclists and pedestrians. Day-to-day errands are easily handled without leaving the immediate area, with the Coastwide Service Centre, Dan Murphy's, Chempro and School Locker all accessible nearby.
Shopping & everyday essentials
Parkwood's retail offering is practical rather than glamorous, which suits the suburb's no-fuss character. Nearby amenities include a Dan Murphy's for the weekly bottle-shop run, Chempro for pharmacy needs and the Coastwide Service Centre for automotive and trade supplies. School Locker — handy for families gearing up at the start of term — rounds out a cluster of everyday essentials within easy reach.
For a broader retail experience, neighbouring Southport and Ashmore are only minutes away, putting major supermarkets, specialty stores and dining strips within straightforward striking distance. The Gold Coast's large shopping centres are also accessible via the light rail, meaning residents rarely feel the need to travel far for anything.
Parks & recreation
Green space is well distributed across Parkwood. Abbott Park, Parkwood Family Park and Ballybunion Park give residents multiple options for weekend activity, whether that's a morning run, an afternoon kick of the footy or simply somewhere for younger children to burn energy after school. Parkwood Family Park in particular lives up to its name, offering family-oriented facilities in a well-maintained setting.
The suburb's proximity to the Gold Coast's broader outdoor network — the Broadwater parklands to the east and the hinterland trails accessible via the motorway to the west — means active residents are never short of options. Golf enthusiasts will also recognise the Gary Player Crescent address nearby, a nod to the area's longstanding connection to the game.
Schools & families
Parkwood's demographic skew toward families is supported by reasonable access to schooling options in and around the suburb. The neighbouring suburbs of Ashmore, Southport and Molendinar collectively host a range of state and independent schools catering to primary and secondary-aged students, and the light rail makes independent school commutes manageable for older children.
For tertiary education, Griffith University's Gold Coast campus in Southport is accessible via a short tram ride, adding to the suburb's appeal for academic and professional households. The combination of family-friendly parks, good transport links and a stable, house-dominated streetscape makes Parkwood a natural choice for buyers at the family-formation stage of life.
Market snapshot
Parkwood property market
Median sale price
$1.32m
House · 4 bed
Median rent
$950
per week
Gross rental yield
3.7%
annual rent ÷ sale price
Typical price range
Entry
$1.08m
Median
$1.32m
Premium
$1.94m
Days on market
14
Auction clearance
0%
Sold this year
63
Median sold price trend · House 4 bed
Compound growth +11.1% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Parkwood by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Parkwood, QLD 4214.
Population
8,837
residents (2021)
Median age
37
years
Household income
$2,064
median, per week
Median rent
$538
per week
Median mortgage
$1,894
per month
Mortgage / income
21%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Parkwood
$2.39m
11 Brushwood Drive
Sold ~July 2026
$875k
2/100 Greenacre Drive
Sold ~July 2026
$1.32m
24 Von Nida Street
Sold ~July 2026
$1.25m
71 Henry Cotton Drive
Sold ~July 2026
$1.26m
36 Highview Place
Sold ~July 2026
$1.70m
17 Maidstone Place
Sold ~July 2026
$1.59m
99 Parkwood Boulevard
Sold ~June 2026
$1.50m
7 Von Nida Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Parkwood
Compare the area
Price map around Parkwood
Every listing for sale near Parkwood, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Common questions
Parkwood suburb FAQ
What is the median property price in Parkwood?
The median house price in Parkwood, QLD is $1.32m for a 4-bedroom home. Over the past year, median sold prices have risen about 14.0%.
How much is rent in Parkwood?
The median weekly rent in Parkwood is around $950 per week.
Is Parkwood a good place to live?
Parkwood is a suburb in the City of Gold Coast, Queensland, Australia. Parkwood is an established residential suburb in QLD, with a population of around 8,837.
What is the population of Parkwood?
Parkwood has a population of 8,837 (ABS 2021 Census), with a median age of 37.
How long do homes take to sell in Parkwood?
Properties in Parkwood take around 14 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Parkwood?
Entry-level properties in Parkwood start around $1.08m, while premium homes reach $1.94m.
What suburbs are near Parkwood?
Suburbs near Parkwood include Molendinar, Ashmore, Gaven, Labrador and Southport.
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