Parkes 2870
Market analysis for investment properties in Parkes
Median Price
$465,000
Trend:Steady
+2.2%
Median Rent
$450/pw
Trend:Steady
+2.3%
Rental Yield
5.03%
Trend:Steady
0.0%
Median DoM
52 Days
Trend:Decelerating
-29.4%
Market Analysis
Why investors are watching Parkes right now.
In Parkes, New South Wales, residents have access to a variety of shopping options catering to their needs, including Parkes Shopping Centre. The suburb is home to several primary and secondary schools, such as Parkes Public School and Parkes High School, providing quality education for local families.
For transportation, Parkes offers convenient access to the CBD in New South Wales via the Newell Highway, a major road connecting Parkes to surrounding areas. Additionally, the Parkes railway station provides a direct train route to Sydney, making commuting to the CBD easily accessible for residents.
Surrounding greenery in Parkes includes Spicer Park and Cooke Park, offering residents opportunities for outdoor recreation and leisure activities in a natural setting. With its variety of amenities and transportation options, Parkes presents a well-rounded lifestyle for individuals and families seeking a peaceful yet connected community in New South Wales.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Parkes often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Parkes be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Parkes, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
- Ownership Structuring
- Buyers Advocacy
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Investment Insights & FAQ
Frequently asked questions about the Parkes property market in 2026.
As of March 2026, the Parkes property market presents a stable investment landscape. Over the last 12 months, houses have seen an annual growth rate of 2.2% and units have grown by -0.78%. These figures reflect the evolving demand within Parkes, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Parkes range from $465,000 for houses to $382,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Parkes region.
For investors targeting cash flow, houses rent for $450 /pw with a 5.03% yield, while units rent for $320 /pw with a 4.36% yield. This rental performance is a key indicator of strong tenant demand within the Parkes area.
Market Insights Last Updated: March 2026