FOR SALE
$380,000

11 Back Yamma Road
Parkes NSW 2870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10ac
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Land Opportunity - 10 Prime Acres South Side of Parkes

This property is presented as a rare and exciting opportunity for buyers looking to invest in a sizable
rural landholding with various development possibilities. The advertisement emphasizes the
convenience of its location, proximity to essential amenities, and the potential for diverse land uses.
- Size: The property is a massive 10-acre allotment, providing ample space for various potential uses.
- Location: Situated to the south of the thriving Parkes area, the land is becoming rarer by the day, making this a unique opportunity.
POTENTIAL USES
- Rural Homestead: Buyers have the chance to develop their dream rural homestead on this expansive lot.
- Hobby Farm: The property is suitable for starting a hobby farm, allowing for agricultural activities or animal husbandry.
- Home-Based Business: Entrepreneurs can explore the option of establishing a home-based business on this spacious land.
- Subdivision Potential (STCA): There is potential for subdivision, subject to council approval (STCA), making it an attractive prospect for developers.
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Property Details for 11 Back Yamma Rd, Parkes

Building Type
Land
Land Size
10ac

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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 6,875 properties. Over the last 5 years, Houses in Parkes have seen a 57.18% increase in median value, while Units have seen a 53.39% increase. As at 31 July 2024:

  • The median value for Houses in Parkes is $376,319 while the median value for Units is $354,321.
  • Houses have a median rent of $420 while Units have a median rent of $265.
There are currently 94 properties listed for sale, and 25 properties listed for rent in Parkes on OnTheHouse. According to CoreLogic's data, 259 properties were sold in the past 12 months in Parkes.

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