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Investment Property Parkes, NSW, 2870

Suburb Snapshot

Parkes is a suburb in the Parkes Region of New South Wales. Parkes has a population of 11,408 people and 25.75% of its occupants live in rental accommodation. The median listing price for houses is $500,000 and this has changed -2.44% over the past year and changed 13.63% over 2 years.

The median rent in Parkes for houses is $420 per week and the median rental yield is 4.36%. Stock on the market for houses/townhouses has changed -25.42% compared to last year and the average time to sell a house/townhouse is 138 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Parkes is $290 per week, producing a rental yield of NA.

Supply & Demand in Parkes, Parkes

1.06%

Current vacancy rate


60

Rental stock available


11,408

Population


25.75%

Rental population


0.86%

Current vacancy rate


65

Rental stock available


14,611

Population


23.45%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Parkes, Parkes

  House Townhouses Units
Median listing price $500,000 NA NA
Median price change - last quarter -3.85% NA NA
Median price change - 1 year -2.44% NA NA
Median price change - 2 years 13.63% NA NA
  House Townhouses Units
Median weekly rent $420 $405 $290
Median yield % 4.36% NA NA
Median rent change - 1 year 5.00% 19.11% 16.00%
  House Units
Previous month sales 13 0
Stock on market previous month 88 4
Stock variance vs. last year -25.42% -50.00%
Average days on market 138 NA

Parkes investment property listings

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