The size of Parkerville is approximately 19 square kilometres. It has 13 parks covering nearly 3% of total area. The population of Parkerville in 2011 was 2,227 people. By 2016 the population was 2,316 showing a population growth of 4.0% in the area during that time. The predominant age group in Parkerville is 10-19 years. Households in Parkerville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkerville work in a professional occupation. In 2011, 88.6% of the homes in Parkerville were owner-occupied compared with 89.5% in 2016. Currently the median sales price of houses in the area is $732,500.