OFF MARKET

56 Mitchell Street
Parkes NSW 2870

Bedrooms: 5
Bathrooms: 3
Car spaces: 1
Floor area: 121m2
Land area: 694m2
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Property Details for 56 Mitchell St, Parkes

56 Mitchell St, Parkes is a 5 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 694m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Floor Size
121m2
Land Size
694m2
Local Government
Parkes
Lot/Plan
1/DP377701

Last Listing description (February 2022)

Opportunity for a Multi Dwelling

This solid brick home is located on a desirable corner block with access from Mitchell Street, Bogan Street and Rose Street.


Features at a glance:
This property also has a large colour bond shed with easy drive in access and power.
Gas Heating
Floor Boards
Multiple living areas

As it is already returning a rental income of $440 per week from two leases and there is an opportunity to capitalise and renovate a potential 1 bedroom unit to really make the most of the rental market.

This property would benefit from some refurbishments and the vendor is hoping to see it be brought back up to its full potential.

Call Agent Nick Kelly 0447 888 956 to obtain a floor plan, rates or more information as this will be an opportunity you don't want to miss.

Property History for 56 Mitchell St, Parkes, NSW 2870

A timeline of how this property has performed in the market
Last Sold
$335,000
09 Feb 2022
Listed for Rent
$160/w
18 May 2021
  • 09 Feb 2022
    Sold for $335,000
  • 29 Nov 2021
    Listed for Sale Online Auction
  • 18 May 2021
    Listed for Rent $160 / week
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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 6,877 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 98 properties listed for sale, and 27 properties listed for rent in Parkes on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Parkes.

Suburb Insights for Parkes 2870

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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.