FOR SALE
$4,800,000

1 Various Estate
Parkes NSW 2870

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Have you heard what's happening in Parkes? Various development sites available off market now!

Are you interested in securing subdivision sites in readiness for the circa 3000 jobs coming to Parkes for the Special Activation Precinct? Ray White has multiple options available off market with an aggregated capacity of more than 400 lots across various areas of Parkes. All options are zoned R5, adjoin or are adjacent to R1, and are flagged for rezoning in strategic planning documents (Parkes Housing Strategy 2021-2041). Contracts provide for settlement soon after rezoning with 5% deposit. Unfortunately, we can not accommodate those seeking option agreements or joint ventures as land banking of prime development sites is not in keeping with the communities immediate need to provide a pipeline of housing solutions at scale. Principal Tracie Robertson is Parkes property development specialist agent and is available to assist with your introduction to Parkes and surrounds. Tracie is soon to graduate from Sydney's University of Technology with a Masters in Property Development and has worked on multiple development sites across the region. Phone, SMS or Email Tracie if you are interested in a preliminary conversation about opportunities in and nearby to Parkes. • Price guide $60k per development lot - smallest parcel 80 lots • Most common lot sizes in new developments are 600-800sqm • Recent sales of delivered lots at $218K to $254K depending on size (awaiting registration).

Property Details for 1 Various Estate, Parkes

Building Type
Commercial

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About Parkes 2870

The size of Parkes is approximately 975 square kilometres. It has 38 parks covering nearly 12% of total area. The population of Parkes in 2011 was 11,265 people. By 2016 the population was 11,421 showing a population growth of 1.4% in the area during that time. The predominant age group in Parkes is 0-9 years. Households in Parkes are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parkes work in a trades occupation. In 2011, 65.4% of the homes in Parkes were owner-occupied compared with 64.6% in 2016.

Parkes has 6,880 properties. Over the last 5 years, Houses in Parkes have seen a 63.39% increase in median value, while Units have seen a 33.57% increase. As at 30 September 2024:

  • The median value for Houses in Parkes is $372,440 while the median value for Units is $298,754.
  • Houses have a median rent of $430 while Units have a median rent of $270.
There are currently 96 properties listed for sale, and 27 properties listed for rent in Parkes on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Parkes.

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Tracie Robertson
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Ray White Parkes
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.