Parkwood (Qld)

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According to the latest demographic data from the ABS and validated street addresses monitored by Districts since the Census, the suburb of Parkwood (Qld) has a resident count of approximately 9,138 as of May 2026. Compared to the 2021 Census count of 8,837 residents, this represents an addition of 301 individuals, or a 3.4% expansion. This calculation is based on an estimated resident figure of 9,135 derived from the June 2025 ABS ERP release, supplemented by 8 validated new addresses registered since the Census. These figures represent a density of 1,643 persons per square kilometer, which exceeds the typical concentration found in other Australian localities analyzed by Districts. The primary driver of this demographic expansion was arrivals from overseas, which accounted for approximately 78.0% of the overall population growth during recent timeframes.

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The suburb of Parkwood (Qld) features a skilled workforce with strong representation in critical public service sectors, an unemployment rate of 4.1%, and a yearly jobs growth rate estimated at 2.8% from aggregated local statistical data. As of March 2026, there are 5,273 working residents, with the local jobless rate hovering 0.1% higher than the Regional Qld benchmark of 3.9%, and labor force participation reaching a high 70.8% compared to the regional average of 64.3%. Census statistics indicate that a modest 12.4% of working residents operated from home, though this figure may have been influenced by COVID-19 restriction periods.

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ATO records for the 2023 financial year show that taxpayers in the suburb of Parkwood (Qld) earn a median income of $48,663, with an average income of $63,270. This sits below the national benchmark, and is lower than the Regional Qld median of $53,146 and average of $66,593. Factoring in Wage Price Index growth of 11.36% since the 2023 financial year, current income levels are estimated at roughly $54,191 for the median and $70,457 for the average as of March 2026. According to the Census, local household incomes rank at the 69th percentile ($2,064 weekly), whereas personal incomes are at the 35th percentile. The statistics show that 37.5% of the local population (3,426 individuals) fall into the $1,500 - 2,999 weekly bracket, similar to the wider region where of earners are in this cohort. Residential costs account for of income, yet solid household earnings keep disposable income at the th percentile, and the SEIFA index places the community in the th income decile.

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At the time of the latest Census, the residential landscape in the suburb of Parkwood (Qld) was made up of 90.7% standalone houses and 9.3% other formats like townhouses and apartments, compared to Regional Qld where houses represent 76.4% and alternative dwellings account for 23.6%. The rate of outright home ownership stood at 27.7%, trailing the Regional Qld average, while the remaining homes were occupied by mortgage holders (41.9%) or renters (30.4%). The median mortgage payment of $1,894 per month was significantly higher than the Regional Qld average of $1,655, and the median weekly rent of $538 also exceeded the regional average of $345. Across the country, local mortgage commitments are higher than the national median of $1,863, while local rents are notably higher than the Australian median of $375.

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Families make up 80.6% of the households in the suburb of Parkwood (Qld), consisting of couples with children at 38.1%, couples without children at 27.5%, and single parents at 13.3%. Non-family living arrangements account for the remaining 19.4%, with single-person households representing 12.8% and group households at 6.8%. The median household size is 3.0 people, which is larger than the Regional Qld average of 2.5.

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The academic profile of the suburb of Parkwood (Qld) is distinct within the region, with tertiary qualification rates sitting at 26.8% of residents aged 15 and over, exceeding the Rest of Qld average of 20.6%. Bachelor degrees are held by 18.1% of residents, followed by postgraduate degrees at 6.7% and graduate diplomas at 2.0%. Vocational education is also widespread, with 36.4% of residents aged 15 and over holding trade qualifications, comprising advanced diplomas at 11.9% and certificate-level qualifications at 24.5%.

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An analysis of public transport reveals 41 active transit stops in the suburb of Parkwood (Qld), comprising light rail stations and bus stops. These points are connected by 5 distinct routes, which support a combined total of 1,628 passenger trips every week. Transit access is rated as good, with residents living an average of 209 meters from their nearest stop. Given the residential nature of the suburb, the vast majority of workers commute to other areas, with private vehicles remaining the primary mode of travel for 89% of commuters. Households own an average of 1.9 vehicles, which is higher than the regional average. A relatively low 12.4% of residents worked from home according to the 2021 Census, which may have been impacted by pandemic conditions.

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Health indicators are positive for the suburb of Parkwood (Qld), with an analysis of mortality rates and chronic conditions showing results that align with national averages. The incidence of common illnesses remains low across both younger and older cohorts, while the proportion of residents with private health insurance is slightly above the SA2 average at approximately 52% of the population, representing about 4,776 people.

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The suburb of Parkwood (Qld) exhibits higher levels of cultural diversity than most comparable markets, with 17.9% of the population using a non-English language at home and 33.3% born outside of Australia. Christianity is the most common religious affiliation, representing 47.2% of residents. However, the most distinct religious variance is seen in Islam, which accounts for 2.6% of the population compared to only 0.6% across Regional Qld.

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The median age in the suburb of Parkwood (Qld) is 36, which is lower than the Regional Qld median of 41 and slightly below the national median of 38. The 15 - 24 age bracket is highly represented at 18.9% of the local population, while the 75 - 84 cohort is under-represented at 4.4%. The concentration of residents aged 15 - 24 sits well above the national average of 12.7%. Since 2021, the 15 to 24 cohort has increased its share of the population from 17.2% to 18.9%, and the 25 to 34 cohort has grown from 13.3% to 15.0%. Conversely, the 45 to group fell from to , and the to cohort declined from to . Demographic projections suggest the age distribution will shift by with the to age group expected to grow by residents (a increase) from to while both the to and to groups are expected to shrink.

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Parkwood currently has an estimated 466 children under 5 years old, comprising approximately 275 children aged 0-2 and 183 children aged 3-4. This cohort grew by an estimated 15% since the previous census. while population forecasts indicate future growth, with an anticipated increase of 25% by 2041 (to approximately 582 children). Meanwhile the 5-12 cohort currently amounts to 733. While growth has been positive birth rates observed in the area have been moderate, with approximately 8.7 births per 1,000 residents recorded over the latest two-year period analysed which ranks the area within the middle tier nationally. This rate has slowed down slightly in recent years however.