FOR SALE
Under Contract

40 Medlyn Street
Parkes NSW 2870

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 797m2
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C21 Central West - 6862 1265

INVESTORS LOOK HERE
An opportunity to obtain a property with solid return hits market at a time when the continual development of Parkes intensifies. This brick veneer, four(4) bedroom surely needs to be considered if you are looking to add to your property port folio.
The home includes an open living / dining area and spacious kitchen all with polished timber floors. All bedrooms have built in robes, the bathroom and toilet areas have been renovated to a more modern standard. Gas heating and ducted evaporative air conditioning, single garage and a good size, secure yard also feature.
It's location will be advantaged by Parkes' Housing Strategy, a 20 year vision by Council. The first stage is the Middleton Master Plan which will gentrify the Middleton area.
The Parkes Special Activation Precinct (SAP) is the first in NSW & the most advanced in its development. Committed to sustainability and a circular economy, Brightmark will invest $260M into plastics recycling and an Energy from Waste facility will be shortlisted, bringing more jobs into Parkes.
Please contact Sarah Vlores 0427 460 372 or Tara Kelly 0418 465 407 or Century 21 Central West on 6862 1265 to make further enquiry.

Property Details for 40 Medlyn St, Parkes

40 Medlyn St, Parkes is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 797m2. The place is currently for sale with CENTURY 21 Central West.

Building Type
House
Land Size
797m2

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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 68.34% increase in median value, while Units have seen a 34.50% increase. As at 31 October 2024:

  • The median value for Houses in Parkes is $397,339 while the median value for Units is $291,652.
  • Houses have a median rent of $430 while Units have a median rent of $275.
There are currently 95 properties listed for sale, and 28 properties listed for rent in Parkes on OnTheHouse. According to CoreLogic's data, 232 properties were sold in the past 12 months in Parkes.

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Tara Kelly
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Sarah Vlores
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CENTURY 21 Central West
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