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City of Manningham

Park Orchards

Park Orchards Property Market
& Suburb Profile

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MEDIAN PRICES IN PARK ORCHARDS

Median house price

(all agencies, last 12 months)$1.9m*

House price change

(all agencies, last 12 months)-10.7%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

PARK ORCHARDS price TRACKER

Houses

Park Orchards sales overview

  • Sold by Auction 50%
  • Sold by Private Sale or Other Method 50%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)51

Auction clearance rate in Park Orchards

(all agencies, last 12 months)50%

Average held period in Park Orchards

(proptrack)9 years

Park Orchards Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$1,092pw

House rental price change

(all agencies, last 12 months)0.03%

Median rental price for Units

(all agencies, last 12 months)$594pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)3.07%

Average rental yield for Units

(all agencies, last 12 months)3.69%

Park Orchards total population size

(as at the last census)3,835

Median household size in Park Orchards

(as at the last census)3.2

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Park Orchards property types

  • Houses 67%
  • Other 33%

OCCUPANCY in Park Orchards

  • Owned 95%
  • Rented 3%
  • Other/Not Stated 2%
  • Singles 10%
  • Families 89%
  • Other 1%

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About Park Orchards

Park Orchards is one of Melbourne’s most distinctive and exclusive residential areas, defined by its highly desirable low-density residential zoning which ensures a tranquil, semi-rural lifestyle characterised by large blocks and abundant native bushland.

Located approximately 23 kilometers northeast of the CBD, the suburb successfully offers a peaceful retreat while maintaining convenient connectivity, with the Eastern Freeway and Eastlink easily accessible for a manageable city commute, though public transport options are notably limited. This environment attracts a high proportion of affluent owner-occupiers, particularly established families and professionals, who are drawn to the exceptional privacy, space, and a strong sense of community that revolves around local amenities like the charming Park Orchards Village shopping precinct and its respected primary schools.

Green spaces are a central feature of the lifestyle, with the 100 Acres Reserve, Domeney Reserve, and the Mullum Mullum Creek Trail offering extensive opportunities for recreation, horseback riding, and enjoying the outdoors.

The housing market is unique, dominated by high-end, spacious detached homes on substantial land, often featuring resort-style amenities such as tennis courts and pools, which solidifies its position as a premium lifestyle choice.

For investors, the high demand for quality rental properties in this tightly held, high-income demographic ensures robust capital growth potential, with rental opportunities typically catering to the top end of the family market.

Education

Park Orchards Primary School
St Anne's School
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Sales Comparison

Find out how Park Orchards median sales prices compare to neighbouring suburbs.

Park Orchards MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202536$960,000-10.70%8$843pw3.38%
202450$1,157,50020.01%11$827pw3.48%
202344$964,500-9.48%11$782pw3.18%
202259$1,065,50013.02%6$690pw2.98%
202159$942,7503.26%9$587pw2.29%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202536$960,000-10.70%
202450$1,157,500+20.01%
202344$964,500-9.48%
202259$1,065,500+13.02%
202159$942,750+3.26%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20258$843pw3.38%
202411$827pw3.48%
202311$782pw3.18%
20226$690pw2.98%
20219$587pw2.29%

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.