Suburb Comparison · Government Data

Parkes NSW vs Tocumwal NSW: Property Investment Comparison

NSW · 2870  |  NSW · 2714

Parkes, NSW
65
Good
out of 100
VS
Tocumwal, NSW
52
Average
out of 100

Parkes vs Tocumwal — Head-to-Head Comparison

Metric Parkes Tocumwal Winner
Median Sale Price $469,000 $450,000 Parkes ✓
Median Weekly Rent (ABS est.) $450/wk $420/wk Parkes ✓
Gross Rental Yield 5.0% 4.8% Parkes ✓
1yr Price Growth
5yr Price Growth
👥 Population 11,324 2,862 Parkes ✓
💵 Median HH Income $72,852/yr $55,484/yr Parkes ✓
Renter % 46% 24% Parkes ✓
Investment Score 65 52 Parkes ✓

Parkes — Score Breakdown

Yield 16/25
Growth 8/20
Renter Demand 12/15
Affordability 12/15
Income Stability 4/10
Liquidity 10/10
Confidence 5/5

Tocumwal — Score Breakdown

Yield 15/25
Growth 8/20
Renter Demand 4/15
Affordability 12/15
Income Stability 1/10
Liquidity 7/10
Confidence 5/5
📋 Parkes Demographics (ABS 2021)
Population
11,324
Median Income
$72,852/yr
Median Age
39
Renter %
46%
Dwellings
2,687
📋 Tocumwal Demographics (ABS 2021)
Population
2,862
Median Income
$55,484/yr
Median Age
59
Renter %
24%
Dwellings
760
Based on government data
Parkes scores higher for investment potential
With an investment score of 65/100 and 5.0% gross yield, Parkes ranks ahead on our composite scorecard covering yield, affordability, renter demand, income stability, and liquidity.

Not financial advice. Always do your own due diligence.

Parkes full profile → Tocumwal full profile →
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Parkes vs Tocumwal — Frequently Asked Questions

Is Parkes or Tocumwal better for property investment?
On our composite scorecard, Parkes scores 65/100 and Tocumwal scores 52/100, weighing yield, growth, renter demand, affordability, income stability and data confidence. Treat this as a shortlist signal and verify independently.
Which has a higher rental yield, Parkes or Tocumwal?
Parkes shows an indicative gross yield of 4.99% versus 4.85% for Tocumwal, based on public price and rent data.
What is the median house price in Parkes vs Tocumwal?
The median sale price is approximately $469,000 in Parkes and $450,000 in Tocumwal from government public records.
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