Parkes Suburb Profile
New South Wales 2870

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Parkes has 6,880 properties. Over the last 5 years, Houses in Parkes have seen a 63.48% increase in median value, while Units have seen a 37.87% increase. As at 31 August 2024:

  • The median value for Houses in Parkes is $390,612 while the median value for Units is $311,945.
  • Houses have a median rent of $425 while Units have a median rent of $270.
There are currently 95 properties listed for sale, and 28 properties listed for rent in Parkes on OnTheHouse. According to CoreLogic's data, 254 properties were sold in the past 12 months in Parkes.

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.

Suburb Insights for PARKES 2870

Market Insights
Parkes Trends for Houses
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Parkes Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 11,421

0-9

 

14%

10-19

 

14%

20-29

 

11%

30-39

 

12%

40-49

 

12%

50-59

 

13%

60-69

 

11%

70-79

 

8%

80-89

 

5%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 05/10/2024

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.