Parkside vs Unley
Parkside (median $1,755,000) is roughly 42% cheaper to buy into than Unley ($3,051,000).
Buying in Parkside or Unley?
Selling in Parkside? The free selling guide
Parkside and Unley side by side
| Measure | Parkside | Unley |
|---|---|---|
| Price and market | ||
| Median house | $1,755,000 | $3,051,000 |
| Median unit | $329,040 | $377,280 |
| House price change, 12 months | +18.1% | – |
| Renting | ||
| House rent | $690/wk | $770/wk |
| Unit rent | $560/wk | $625/wk |
| Owner occupied | 59.0% | 62.0% |
| Renter occupied | 39.0% | 36.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1119 | 1116 |
| Lifestyle and people | ||
| Walk score | 100 | 100 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 5,126 | 3,997 |
| Median age | 39 | 41 |
| Climate | ||
| Annual rainfall | 508 mm | 508 mm |
| Mean max, January | 29.4°C | 29.4°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Parkside (1119) sits above Unley (1116).
- For buyers
- Parkside is the lower entry point at $1,755,000 median, 42% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Parkside offers the higher gross rental yield (2.04% vs 1.31%), favouring cash-flow investors.
- For families
- Parkside edges out on average school ICSEA (1119 vs 1116).
Parkside vs Unley: common questions
Is Parkside or Unley cheaper to buy in?
Parkside has the lower median house price at $1,755,000, roughly 42% below Unley ($3,051,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Parkside or Unley have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Parkside scores 1119 vs 1116 in Unley. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Parkside or Unley?
Gross rental yield on houses is 2.04% in Parkside vs 1.31% in Unley. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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