Your suburb, scored · Data as of Oct 2026

Paraparap, VIC

Postcode 3240 · Surf Coast council area · Greater Geelong · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 68 / 100 — ranked #5,023 of 15,286 suburbs this month

A mixed market — some indicators warm, others cooling

Conditions here are neither running hot nor cold. The detail below shows which indicators are doing the work.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$2,025,000

Up 0% over the past 12 months of settled sales.

Median weekly rent$580/wk

Rental data is thin here this month.

Vacancy rate33.3%

Above the 1.5% line where the rental market starts to loosen.

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Best Streets in Paraparap, VIC

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Paraparap's streets below.

Other High-Scoring Suburbs in Surf Coast (VIC)

IndicatorParaparap ReadingContext & Benchmark
Ripehouse R-Score68 / 100Ranked #5,023 of 15,286 Australian suburbs (Oct 2026)
Median House Price$2,025,000+0% over the past 12 months of settled sales
Median Weekly Asking Rent$580/wkMeasured across residential rental listings
Rental Vacancy Rate33.3%Above the 1.5% tight-supply threshold
Median Days on Market6480 daysPart of Surf Coast (VIC) council area (LGA avg R-Score 78/100)

Buyer's Agent & Quantitative Due Diligence

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Paraparap VIC FAQs

Frequently Asked Questions: Investing in Paraparap, VIC

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Paraparap.

Is Paraparap VIC a good suburb for property investment in 2026?

As of Oct 2026, Paraparap (VIC 3240) scores 68/100 on the Ripehouse R-Score, ranking #5,023 out of 15,286 Australian suburbs. A mixed market — some indicators warm, others cooling. Key fundamentals include a median price of $2,025,000, median rent of $580/wk, gross yield of —, and vacancy of 33.3%.

What is the median house price and 12-month growth in Paraparap VIC?

The current median property price in Paraparap (VIC) is $2,025,000 (Oct 2026), representing a 0% change over the past 12 months. Properties in Paraparap currently spend a median of 6480 days on market.

What is the rental yield and vacancy rate in Paraparap VIC?

In Paraparap (VIC), the median weekly asking rent is $580/wk, producing a gross rental yield of not available. The suburb vacancy rate is 33.3% as of Oct 2026.

What are the best streets in Paraparap VIC?

Ripehouse Advisory scores every G-NAF street in Paraparap against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Paraparap Street Score tool on this page to compare individual streets.

Which council area (LGA) is Paraparap VIC located in?

Paraparap (VIC, postcode 3240) is located in the Surf Coast council area (LGA) within Greater Geelong. Across Surf Coast, the council-wide average R-Score is 78/100 across 29 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.