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Australian suburb property profile

Parkes NSW 2870

Parkes NSW 2870 recorded a 2026YTD* median house price of $489,610 and a 2026YTD* median unit price of $368,000. Compare price movement, rent, yield, sales evidence and local supply in one profile.

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100% data completeness 2 dwelling types have price evidence (houses + units); 1 ranked 6,305 indexed addresses in locality

Last data refreshed: 2026-AUG-12

Market snapshot

Prices, rent and market evidence

Observed figures use the latest completed-quarter data available for each dwelling type. A national score appears only when every Rankings confidence rule is met.

Houses

Parkes Houses Ranked #48 of 15,304 suburbs nationwide

63.9 overall score / 100
Median price 2026YTD* $489,610
Price growth 2026YTD* vs 2025 +6.44%
Median rent Q2 2026 $450/week
Gross yield Q2 2026 4.63%
Sales in 2026YTD* 141
Days on market Q2 2026 56
Stock on Market · Aug 2026 estimate 0.80% (51) listed
Total Houses (2026 estimate) 6,346
Units

Parkes Units

Not ranked observed market data only
Median price 2026YTD* $368,000
Price growth 2026YTD* vs 2025 -37.09%
Median rent Q2 2026 $319/week
Gross yield Q2 2026 4.37%
Sales in 2026YTD* 10
Days on market Q2 2026 118
Stock on Market · Aug 2026 estimate 0.22% (2) listed
Total Units (2026 estimate) 914
Investment signals

Parkes’s property performance, metric by metric

House signals

Price growth+6.44%
Above average (vs +3.69% house price growth nationally) 2026YTD* vs 2025
Gross yield4.63%
Top 20% (vs 3.65% yield for houses nationwide) Price and rent: 2026 Q2
Sales volume141 sales
Top 20% (vs 43 house sales per suburb nationally) 2026YTD* sales volume
Market speed56 days
Bottom 20% (vs 28 days on market for houses nationwide) Market snapshot: 2026 Q2
Stock on Market0.80% (51) listed
Typical listing supply (vs 0.85% for similar suburbs) Aug 2026 estimate
New Houses Approvals2 approvals (0.0% of the stock)*
Low supply pressure (vs 1.5% median pipeline for similar suburbs) 24 months to Jun 2026
Owner occupation66.6%
Middle range (vs 67.2% for similar suburbs) 2021 Census
Household income$1,470/week
Below average (vs $1,777/week for similar suburbs nationwide) 2021 Census
Local Schools1,008
Below average (vs 1,058 ICSEA for suburbs with house data nationally) Latest available school data
Local CrimeNot available
Insufficient evidence

Unit signals

Observed · not ranked
Price growth-37.09%
Bottom 20% (vs +3.42% unit price growth nationally) · Limited evidence 2026YTD* vs 2025
Gross yield4.37%
Middle range (vs 4.41% yield for units nationwide) · Limited evidence Price and rent: 2026 Q2
Sales volume10 sales
Below average (vs 18 unit sales per suburb nationally) · Limited evidence 2026YTD* sales volume
Market speed118 days
Bottom 20% (vs 27 days on market for units nationwide) · Limited evidence Market snapshot: 2026 Q2
Stock on Market0.22% (2) listed
Lower listing supply (vs 0.36% for similar suburbs) Aug 2026 estimate
New Units Approvals0 approvals (0.0% of the stock)*
Low supply pressure (vs 0.0% median pipeline for similar suburbs) 24 months to Jun 2026
Owner occupation66.6%
Middle range (vs 66.9% for similar suburbs) 2021 Census
Household income$1,470/week
Below average (vs $1,774/week for similar suburbs nationwide) 2021 Census
Local Schools1,008
Below average (vs 1,060 ICSEA for suburbs with unit data nationally) Latest available school data
Local CrimeNot available
Insufficient evidence

Townhouse pipeline: 0 approvals in the latest 24 months, equal to 0.0% of estimated townhouse stock — Low supply pressure.

* New approvals use the latest rolling 24 months, allocated from the suburb’s dominant SA2 using dwelling-type stock shares and compared with estimated current stock. Townhouses are assessed separately. Approvals are not completions.

Each signal is independently compared with published Australian profiles of the same dwelling type that have that observation. Stock on Market is active sale listings from publicly available sources divided by the selected dwelling-stock proxy, multiplied by 100. An address-based proxy is preferred, with an estimated-stock fallback where needed; houses and units are measured independently. Lower percentages receive higher comparison scores, while missing observations remain unscored. The displayed bar compares published profiles of the same dwelling type and remains independent of formal ranking eligibility. This current snapshot can change quickly: it is neither a rental vacancy rate nor a finding of oversupply. For formally ranked profiles, Best Overall separately includes Stock on Market at a 5% weight within its qualifying formal cohort. New approvals remain a separate pipeline screening indicator, not a finding of oversupply.

What the current data suggests

  • House: Price growth is above the published-profile average. Above average (vs +3.69% house price growth nationally).
  • House: Gross yield is above the published-profile average. Top 20% (vs 3.65% yield for houses nationwide).
  • House: Sales evidence is above the published-profile average. Top 20% (vs 43 house sales per suburb nationally).
  • House: Listing availability is near the published-profile middle, with 0.80% currently advertised for sale versus a 0.85% national median for published house profiles.
  • House: The recent pipeline is low relative to both absolute and stock-relative thresholds. The 24-month pipeline is 2 approvals, equivalent to 0.0% of estimated current stock. Low supply pressure (vs 1.5% median pipeline for similar suburbs).
  • Unit: Price growth is below the published-profile average. Bottom 20% (vs +3.42% unit price growth nationally) · Limited evidence.
  • Unit: Gross yield sits near the middle of published profiles. Middle range (vs 4.41% yield for units nationwide) · Limited evidence.
  • Unit: Sales evidence is below the published-profile average. Below average (vs 18 unit sales per suburb nationally) · Limited evidence.
  • Unit: Listing availability is relatively tight, with 0.22% currently advertised for sale versus a 0.36% national median for published unit profiles.
  • Unit: The recent pipeline is low relative to both absolute and stock-relative thresholds. The 24-month pipeline is 0 approvals, equivalent to 0.0% of estimated current stock. Low supply pressure (vs 0.0% median pipeline for similar suburbs).
Price history

Annual and YTD median-price movement

Changes in the mix and number of properties sold can affect the median. Use the sales counts and live map before drawing a conclusion.

House median price
Annual observations plus the current completed-quarter YTD result used by the Rankings dataset. $0$150k$300k$450k$600k2020, median $310,000, 225 sales2020 · $310,000225 sales20202021, median $350,000, 376 sales2021 · $350,000376 sales20212022, median $420,000, 259 sales2022 · $420,000259 sales20222023, median $431,000, 205 sales2023 · $431,000205 sales20232024, median $452,500, 246 sales2024 · $452,500246 sales20242025, median $460,000, 263 sales2025 · $460,000263 sales20252026YTD*, median $489,610, 141 sales2026YTD* · $489,610141 sales2026YTD*
PeriodMedianSales
2020 $310,000 225
2021 $350,000 376
2022 $420,000 259
2023 $431,000 205
2024 $452,500 246
2025 $460,000 263
2026YTD* $489,610 141
Unit median price
Annual observations plus the current completed-quarter YTD result used by the Rankings dataset. $0$175k$350k$525k$700k2020, median $272,000, 7 sales2020 · $272,0007 sales20202021, median $295,000, 14 sales2021 · $295,00014 sales20212022, median $390,000, 8 sales2022 · $390,0008 sales20222023, median $382,500, 13 sales2023 · $382,50013 sales20232024, median $330,000, 12 sales2024 · $330,00012 sales20242025, median $585,000, 21 sales2025 · $585,00021 sales20252026YTD*, median $368,000, 10 sales2026YTD* · $368,00010 sales2026YTD*
PeriodMedianSales
2020 $272,000 7
2021 $295,000 14
2022 $390,000 8
2023 $382,500 13
2024 $330,000 12
2025 $585,000 21
2026YTD* $368,000 10

* 2026 year-to-date through Q2. Sales volumes are partial-year totals; median prices use completed-quarter observations.

Socio-demographic context

Household and community indicators

These measures come from different source periods. Their dates are displayed rather than being presented as if they were collected simultaneously.

Owner occupied 66.6% 2021 Census
Middle range (vs 67.9% for similar suburbs)
Weekly household income $1,470 2021 Census
Below average (vs $1,766/week for similar suburbs nationwide)
New Houses Approvals 2* 24 months to Jun 2026
Low supply pressure (vs 1.5% median pipeline for similar suburbs)
Best available ICSEA 1,008 Latest available nearby-school context
Bottom 20% (vs 1,058 ICSEA for suburbs with house data nationally)
Local Crime Risk Not available 2025 offences per 100,000 population
Insufficient evidence
Social housing 4.8% 2021 Census
Below average (vs 2.1% social-housing share for suburbs with house data nationally)

* Latest rolling 24-month approvals allocated from the suburb’s dominant SA2 using dwelling-type stock shares. Approvals are not completions.

Nearby profiles

Compare markets around Parkes

Distances use suburb centroids and are approximate.

NSW 2871 Forbes 31.5 km from suburb centre Houses $474,286 NSW 2800 Orange 86.9 km from suburb centre Houses $773,983 Units $521,098 NSW 2794 Cowra 90.4 km from suburb centre Houses $483,537 NSW 2820 Wellington 96.7 km from suburb centre Houses $393,500
Read before using the figures

Different datasets have different coverage and update dates.

Price medians, rents, active sale listings, building approvals, Census measures, school context and crime indicators are assembled from separate sources. Stock on Market is a fast-changing share of estimated dwelling stock advertised for sale—not a vacancy rate or proof of oversupply. A ranking score cannot replace comparable-sales analysis, inspection of the local housing stock or professional advice.

Review data sources and methodology
Profile data refreshed 27 August 2026 This profile combines datasets with different publication schedules. Check each metric's period label for its latest available observation. Available observations are shown even when a dwelling type does not meet the confidence rules for a total ranking.
Data Download

Download the Parkes data workbook.

Get the available house and unit price history, growth, rents, sales evidence, ranking signals, approvals and local context in one Excel file.

Included suburb data

Quarterly house and unit prices Annual house and unit prices Price growth and suburb rankings Median rents and source-dependent rent evidence volumes Gross rental yields Property sales volume Days on market Supply pipeline pressure and approvals Owner-occupier statistics Household income statistics School statistics and ICSEA Local crime indicators Social housing (Housing Commission)

Source periods differ between metrics. Every sheet keeps its period or definition visible, and blank values are not estimated.

Excel workbook Parkes NSW 2870
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