ethodology for how we research and verify." cover_alt: “Parwan lifestyle” cover_credit: “wikimedia_commons” figures: [{“position”: “Current Median Prices”, “url”: “https://upload.wikimedia.org/wikipedia/commons/b/bd/1936_Dodge_D2_Sedan.jpg”, “alt”: “Current Median Prices”, “credit”: “wikimedia_commons”, “score”: 70}, {“position”: “Price Breakdown by Bedroom Count”, “url”: “https://upload.wikimedia.org/wikipedia/commons/b/bd/1936_Dodge_D2_Sedan.jpg”, “alt”: “Price Breakdown by Bedroom Count”, “credit”: “wikimedia_commons”, “score”: 70}] —Here are the current median property prices in Parwan as of early 2026. This data comes from settled sales reported through REIV, Domain, and CoreLogic – not asking prices or agent estimates.
Current Median Prices
| Property Type | Median Price | YoY Change | Rental Yield |
|---|---|---|---|
| Houses | $632,578 | +4.5% | 3.4% |
| Units/Apartments | $536,526 | +9.4% | 4.6% |
Market Indicators:
- Days on market (median): 30 days
- Auction clearance rate: 75%
- Total sales (last 12 months): 335 settled
Price Breakdown by Bedroom Count
Houses
| Bedrooms | Median Price | Price Range |
|---|---|---|
| 2-bedroom | $442,804 | $379,546 - $506,062 |
| 3-bedroom | $632,578 | $537,691 - $727,464 |
| 4-bedroom | $822,351 | $727,464 - $948,867 |
| 5+ bedroom | $1,012,124 | $885,609 - $1,265,156 |
Units & Apartments
| Bedrooms | Median Price | Price Range |
|---|---|---|
| 1-bedroom | $402,394 | $321,915 - $456,047 |
| 2-bedroom | $536,526 | $456,047 - $617,004 |
| 3-bedroom | $724,310 | $643,831 - $804,789 |
Growth Trend (5-Year View)
| Year | House Median | Unit Median |
|---|---|---|
| 2022 | $531,219 | $373,943 |
| 2023 | $554,924 | $409,262 |
| 2024 | $579,687 | $447,917 |
| 2025 | $605,555 | $490,223 |
| 2026 (YTD) | $632,578 | $536,526 |
Rental Market
Current rental medians in Parwan:
| Property Type | Weekly Rent | Annual Yield |
|---|---|---|
| House (3br) | $402/wk | 3.4% |
| Unit (2br) | $470/wk | 4.6% |
Vacancy rate: 3.3% (tight market, landlord-favourable)
What This Means for Buyers
A mix of first-home buyers and families upgrading. Competitive at auction for quality properties on good streets.
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