Parkwood
Suburb profile, market snapshot and recent listings for Parkwood, WA 6147.
About Parkwood
Welcome to Parkwood
Parkwood sits about 14 kilometres south-east of the Perth CBD, tucked between the Canning River and the established suburbs of Riverton, Ferndale, Willetton, Langford and Shelley. It's a quiet, leafy residential pocket that has long flown under the radar, favoured by families and long-term owners rather than chased by investors — though that's beginning to change.
With a population of just under 6,000 and a median age of 42, Parkwood has the feel of a settled, mature community. It suits people who want a house on a decent block within easy reach of the river, without the price tag of the more heavily marketed river suburbs nearby.
Lifestyle & dining
Parkwood's appeal is less about a buzzing café strip and more about space, greenery and proximity to the Canning River. Residents tend to head into neighbouring Riverton or Willetton for their café fix, shopping centres and larger dining strips, while enjoying the quieter, more residential character of Parkwood itself. It's the kind of suburb where weekends are spent walking along the river reserves or pottering in the backyard rather than queuing for brunch.
Shopping
For day-to-day needs, Parkwood residents lean on nearby retail in Riverton and Willetton, both of which offer supermarkets, specialty stores and larger shopping centres within a short drive. This arrangement suits the suburb's low-key residential feel — locals get the convenience of nearby shopping without a commercial strip disrupting the streetscape.
Getting around
Parkwood is well served by road links, with easy access to Ranford Road and Nicholson Road connecting through to Albany Highway and onward to the Perth CBD, roughly a 20 to 25 minute drive depending on traffic. Public transport is bus-based, with services linking through to Riverton and connecting to train stations such as Cannington on the Armadale line, giving residents a reasonable if not immediate rail option.
For those who cycle or walk, the network of paths along the Canning River corridor offers a pleasant, car-free way to get around the local area and connect through to Shelley and Riverton.
Schools & families
Families are well catered for locally, with Parkwood Primary School serving the immediate area and Lynwood Senior High School providing secondary schooling nearby. Both are established schools with long histories in the area, and their presence is part of what keeps Parkwood popular with families looking to put down roots rather than move on after a few years.
Housing & architecture
The vast majority of Parkwood's housing stock is standalone houses, which make up 88% of current listings, with a small proportion of townhouses (8%) and apartments or units (3%) rounding out the mix. Expect mostly brick-and-tile homes from the 1970s and 80s on generous blocks, reflecting the suburb's development era, with a slow trickle of newer builds and renovations as older homes are updated or replaced.
The property market
Parkwood's median house price currently sits at $945,000, following strong recent growth of 19.0% — a sign that buyers are increasingly recognising the value on offer so close to the river and within commuting distance of the city. Median rent is $700 a week, reflecting solid demand from tenants drawn to the suburb's family-friendly layout and quieter streets.
With house blocks making up the bulk of stock and land listings at 3%, there's still some scope for those looking to build or renovate. Buyers priced out of Riverton, Willetton or Shelley are increasingly looking at Parkwood as a comparable lifestyle at a more accessible price point, which helps explain the recent uplift in values.
Market snapshot
Parkwood property market
Median sale price
$945k
House · 3 bed
Median rent
$700
per week
Gross rental yield
3.9%
annual rent ÷ sale price
Typical price range
Entry
$696k
Median
$945k
Premium
$1.18m
Days on market
9
Auction clearance
0%
Sold this year
31
Median sold price trend · House 3 bed
Compound growth +17.3% / 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, WA 6147.
Population
5,995
residents (2021)
Median age
42
years
Household income
$1,599
median, per week
Median rent
$350
per week
Median mortgage
$1,677
per month
Mortgage / income
24%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Parkwood
Government school catchment
Recent results
Recently sold in Parkwood
$1.22m
46 Ravenslea Drive
Sold ~July 2026
$800k
8 Gama Court
Sold ~July 2026
$1.14m
15 Endgate Court
Sold ~July 2026
$1.20m
61 Lyndale Avenue
Sold ~July 2026
$1.20m
17 Waverley Way
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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Nearby suburbs
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Common questions
Parkwood suburb FAQ
What is the median property price in Parkwood?
The median house price in Parkwood, WA is $945k for a 3-bedroom home. Over the past year, median sold prices have risen about 19.0%.
How much is rent in Parkwood?
The median weekly rent in Parkwood is around $700 per week.
Is Parkwood a good place to live?
Parkwood is a southeastern suburb of Perth, the capital city of Western Australia. Parkwood is an established residential suburb in WA, with a population of around 5,995 and 2 schools in the area.
What is the population of Parkwood?
Parkwood has a population of 5,995 (ABS 2021 Census), with a median age of 42.
What schools are in Parkwood?
There are 2 schools in or near Parkwood, including Parkwood Primary School and Lynwood Senior High School.
How long do homes take to sell in Parkwood?
Properties in Parkwood take around 9 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 $696k, while premium homes reach $1.18m.
What suburbs are near Parkwood?
Suburbs near Parkwood include Riverton, Ferndale, Willetton, Langford and Shelley.
Fresh to market
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