Parkside (Qld)

Parkside has shown very soft population growth performance across periods assessed by AreaSearch

As of Feb 2026, the estimated population of the suburb of Parkside (Qld) is around 1,560. This figure reflects an increase of 30 people since the 2021 Census, which reported a population of 1,530. The growth was inferred from AreaSearch's resident population estimate of 1,560, based on examination of the latest ERP data release by the ABS (June 2024) and an additional 20 validated new addresses since the Census date. This results in a density ratio of 1,054 persons per square kilometer, which is relatively in line with averages seen across locations assessed by AreaSearch. The suburb's 2.0% growth since census positions it within 0.7 percentage points of the SA3 area (2.7%), indicating competitive growth fundamentals. Natural growth contributed approximately 65.0% of overall population gains during recent periods.

For projections, AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data and years post-2032, Queensland State Government's SA2 area projections are adopted, released in 2023 based on 2021 data. However, these state projections do not provide age category splits, so AreaSearch applies proportional growth weightings in line with the ABS Greater Capital Region projections for each age cohort, released in 2023 based on 2022 data. According to this methodology, over this period, projections indicate a decline in overall population by 42 persons by 2041. However, specific age cohorts are anticipated to grow, led by the 25 to 34 age group, projected to increase by 42 people.

The level of residential development activity in Parkside is very low in comparison to the average area assessed nationally by AreaSearch

Parkside has seen minimal residential development activity with just 2 dwelling approvals annually over the past five years, totalling 14. This low level of development is typical in rural areas due to modest housing needs and limited construction activity driven by local demand and infrastructure capacity. It's important to note that the small sample size can significantly influence annual growth and relativity statistics.

Parkside's development activity is notably lower compared to the rest of Queensland, and it also falls below national averages. Of the new building activity, 33.0% are standalone homes while 67.0% are townhouses or apartments. This shift towards compact living offers affordable entry pathways, attracting downsizers, investors, and first-time purchasers. This marks a significant change from Parkside's existing housing composition, which is currently 75.0% houses, indicating decreasing availability of developable sites and reflecting evolving lifestyles and the need for more diverse, affordable housing options. With approximately 1528 people per approval, Parkside demonstrates its status as a mature, established area. Given stable or declining population forecasts, Parkside may experience less housing pressure in the future, creating favourable conditions for buyers.

Given stable or declining population forecasts, Parkside may experience less housing pressure, creating favourable conditions for buyers.

Parkside has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

No changes can significantly impact an area's performance like modifications to local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of 0 projects that are likely to affect this area. Notable projects include Mount Isa Future Ready Economy Roadmap, Mount Isa Mines - Black Star Open Cut Project, Mount Isa Police Accommodation and Justice System Resourcing, and Essential Pipeline Works - City Low and High Systems. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

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AreaSearch analysis reveals Parkside significantly outperforming the majority of regions assessed nationwide

Parkside has a skilled workforce with strong representation in manufacturing and industrial sectors. Its unemployment rate is 2.6%, as per AreaSearch's aggregation of statistical area data. As of September 2025947 residents are employed, with an unemployment rate of 1.5% below Rest of Qld's rate of 4.1%.

Workforce participation in Parkside is high at 79.8%, compared to Rest of Qld's 65.7%. Census responses indicate that only 1.9% of residents work from home, though Covid-19 lockdown impacts should be considered. Key industries of employment among residents are mining, health care & social assistance, and education & training. Parkside shows particular strength in mining, with an employment share 9.3 times the regional level.

However, construction is under-represented, with only 4.0% of Parkside's workforce compared to Rest of Qld's 10.1%. The area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. In the 12-month period ending in May-25, labour force decreased by 0.6% and employment declined by 0.6%, leaving unemployment broadly flat in Parkside. This contrasts with Rest of Qld, where employment grew by 1.7%, labour force expanded by 2.1%, and unemployment rose by 0.3 percentage points. National employment forecasts from Jobs and Skills Australia project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Parkside's employment mix suggests local employment should increase by 5.2% over five years and 12.2% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localized population projections.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

Parkside suburb has one of Australia's highest incomes according to latest ATO data aggregated by AreaSearch for financial year 2023. Median income among taxpayers is $74,903 and average income stands at $85,920, compared to Rest of Qld's $53,146 and $66,593 respectively. Based on Wage Price Index growth of 9.91% since financial year 2023, estimated incomes as of September 2025 are approximately $82,326 (median) and $94,435 (average). Census data shows Parkside's household, family, and personal incomes rank highly nationally, between the 85th and 91st percentiles. Data reveals 39.9% of population (622 individuals) fall within the $1,500 - 2,999 income range, consistent with broader regional trends at 31.7%. Parkside's affluence is evident with 34.8% earning over $3,000 per week, supporting premium retail and service offerings. After housing costs, residents retain 88.3% of income, reflecting strong purchasing power. Area's SEIFA income ranking places it in the 5th decile.

Parkside is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

The dwelling structure in Parkside, as per the latest Census evaluation, consisted of 75.0% houses and 25.1% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro Qld had 76.4% houses and 23.6% other dwellings. The home ownership level in Parkside was at 15.5%, with the remaining dwellings either mortgaged (33.4%) or rented (51.1%). The median monthly mortgage repayment in Parkside was $1,428, below Non-Metro Qld's average of $1,655. The median weekly rent figure in Parkside was recorded at $320, compared to Non-Metro Qld's $345. Nationally, Parkside's mortgage repayments were significantly lower than the Australian average of $1,863, while rents were substantially below the national figure of $375.

Parkside features high concentrations of group households, with a fairly typical median household size

Family households account for 69.2% of all households, including 28.8% couples with children, 26.6% couples without children, and 11.7% single parent families. Non-family households constitute the remaining 30.8%, with lone person households at 25.2% and group households comprising 6.5%. The median household size is 2.5 people, which aligns with the average for the Rest of Qld.

Educational outcomes in Parkside fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

"In Parkside Trail Regional Benchmarks, 22.2% of residents aged 15 years and above hold university degrees, compared to Australia's 30.4%. This gap indicates potential for educational development and skill enhancement. Bachelor degrees are the most common at 16.1%, followed by postgraduate qualifications (3.3%) and graduate diplomas (2.8%). Vocational credentials are prominent among residents aged 15 years and above, with 39.3% holding such qualifications – advanced diplomas (7.6%) and certificates (31.7%).

Educational participation is high, with 31.4% of residents currently enrolled in formal education, including primary (12.0%), secondary (9.0%), and tertiary (4.3%) levels.".

No public transport data available for this catchment area.

Health performance in Parkside is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Parkside faces significant health challenges, as assessed by AreaSearch's mortality rates and chronic condition prevalence. Common health conditions are somewhat prevalent across both younger and older age cohorts. The rate of private health cover is exceptionally high at approximately 61% of the total population (955 people), compared to 52.5% in Rest of Qld and 55.7% nationally.

The most common medical conditions are asthma and mental health issues, impacting 6.8 and 6.7% of residents respectively, while 76.1% declare themselves completely clear of medical ailments, compared to 67.6% in Rest of Qld. The under-65 population demonstrates better than average health outcomes. As of 2021, the area has 9.4% of residents aged 65 and over (146 people), which is lower than the 20.4% in Rest of Qld, with national rankings broadly in line with the general population.

In terms of cultural diversity, Parkside records figures broadly comparable to the national average, as found in AreaSearch's assessment of a number of language and cultural background related metrics

Parkside's cultural diversity aligns with its wider region, with 79.9% citizens, 80.4% born in Australia, and 89.1% speaking English only at home. Christianity is the predominant religion in Parkside, accounting for 51.5%, compared to 52.2% across Rest of Qld. The top three ancestral groups are Australian (25.7%), English (22.7%), and Australian Aboriginal (10.1%).

Notably, Welsh (0.9%) and Maori (1.7%) populations in Parkside exceed regional averages of 0.5% and 0.8%, respectively. Filipino representation is also higher at 3.1%.

Parkside hosts a very young demographic, ranking in the bottom 10% of areas nationwide

Parkside's median age is 30 years, which is lower than Rest of Qld's average of 41 years and Australia's average of 38 years. Compared to Rest of Qld, Parkside has a higher proportion of residents aged 25-34 (22.0%), but fewer residents aged 65-74 (6.0%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.4%. Between the 2021 Census and now, the proportion of residents aged 25 to 34 has increased from 20.4% to 22.0%, while the proportion of those aged 45 to 54 has decreased from 12.1% to 9.8%. By 2041, population forecasts indicate substantial demographic changes in Parkside. The 25 to 34 age group is projected to grow by 5%, adding 18 residents to reach a total of 362. Conversely, population declines are forecast for the 65 to 74 and 45 to 54 age groups.