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Parkes
NSW, 2875

Thinking about buying in Parkes? Now could not be a better time, with just 38 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,661,000 with prices in this suburb ranging from $1,359,000 to $1,997,000. The aproximate distance to the coast is 310 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Parkes Real Estate Market Outlook

In Parkes there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Parkes is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Parkes leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Parkes the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.


Local Schools

(While the above schools are located with the suburb of Parkes there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Parkes weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.115.533.623.082.63.627.2
Feb2.715.030.232.086.43.523.1
Mar2.712.326.938.190.93.118.4
Apr1.37.322.342.794.72.614.9
May1.23.017.450.696.62.511.1
Jun2.02.113.961.597.42.59.1
Jul1.90.613.261.398.72.49.4
Aug1.30.514.552.698.12.612.4
Sept1.62.318.344.996.22.917.4
Oct1.45.723.136.794.43.122.3
Nov2.89.627.230.691.73.125.0
Dec2.212.730.424.585.13.427.9

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

25-10-2024 $7,105,896 889 DARRIWELL RD
23-02-2024 $1,200,000 282 WOODFORD RD
23-02-2024 $1,600,000 2765 BRUIE PLAINS RD
29-08-2022 $1,750,000 1231 COLLINGWOOD LANE
19-01-2022 $2,420,000 655 BOORR HILL RD
14-12-2021 $1,128,997 1471 BOORR HILL RD
02-11-2021 $948,000 44 WOODFORD RD
07-09-2021 $730,000 265 KRAMER LANE
22-06-2020 $1,000,000 2765 BRUIE PLAINS RD
05-06-2020 $750,000 1929 ADAVALE LANE
07-05-2019 $960,692 1615 ADAVALE LANE
10-08-2018 $862,500 44 WOODFORD RD
09-03-2018 $930,000 1471 BOORR HILL RD
22-09-2017 $750,000 1231 COLLINGWOOD LANE
03-08-2017 $530,000 1180 COLLINGWOOD LANE
11-11-2015 $625,000 44 WOODFORD RD
24-07-2015 $220,000 1385 ADAVALE LANE
21-05-2015 $470,000 483 ASCOT RD
05-07-2013 $718,593 655 BOORR HILL RD
02-12-2011 $500,000 282 WOODFORD RD
14-06-2011 $666,666 280 ATHLONE LANE
12-05-2011 $600,000 529 REEDY LANE
29-04-2011 $550,000 1194 BOORR HILL RD
11-03-2011 $315,000 265 KRAMER LANE
02-07-2010 $255,000 265 KRAMER LANE

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Nearby Suburbs

Bruie PlainsPeak HillGoonumblaCooks MyallsPeak Hill MissionBogan GateTrewilgaGunningblandAlectownTullamore


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