Para Hills is an affordable northern suburb offering excellent value for first home buyers and investors, with solid block sizes, good schools, and close proximity to the Lyell McEwin Hospital and the fast-growing Mawson Lakes precinct. Strong rental demand from healthcare and manufacturing workers supports consistently high yields. At the current $620k median house price, an 80% loan at 6.25% over 30 years is about $3,054 per month.
| Median house price | $620,000 |
|---|---|
| Median unit price | $380,000 |
| Estimated monthly repayment | $3,054 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.8% |
| Gross rental yield | 5.8% |
| Typical days on market | 25 |
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