Parkes Property Investment Overview

Suburb research data for Parkes, NSW 2870 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2026 Rent 2026
Median House Price
$470,000
2026 data
Gross Rental Yield
5.0%
Weekly Rent
$450
Renter Demand
46%
of residents rent
Vacancy Rate
2.6%
Rental market indicator
Population
11,324
Suburb residents

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📍 Suburb Overview

State NSW
Postcode 2870
Median house price $470,000
Median unit price
Weekly rent (median) $450/wk (unlock cashflow model)
Gross yield 5.0% (unlock risk & score)
Renter % 46.3%
Vacancy rate 2.61%
Population 11,324
Median household income $72,852/yr
Owner-occupied 53.7%
Median age 39 yrs
Total dwellings 2,687

🛡️ Safety & Crime

Reported crime level High reported crime
Incidents / 1,000 residents 137

Parkes shows well above-average reported crime compared with other NSW suburbs, based on 2024 state police data.

Source: NSW police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: High High

Backed by 30+ recent transactions; the price is an all-property-types median and plausible for the area.

Last updated: 2026 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

🔵 Vacancy 2.6% — balanced rental market
🚩 High reported crime (137 incidents/1,000 residents) — NSW reported data 2024
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Price History

We only chart a price trend when the underlying source data is consistent enough to be reliable. For this suburb, the current median above reflects the latest data we can stand behind.

🏫 Schools

Schools in suburb 4
Primary 3
Secondary 1
Schools in Parkes
Middleton Public School Primary · Government
Parkes East Public School Primary · Government
Parkes Public School Primary · Government
Parkes High School Secondary · Government
School locations from state education departments / ACARA. List reflects schools located within the suburb.

🔄 Compare & Explore

Parkes's 5.0% gross rental yield is above the NSW median of 3.2%, across 1,770 NSW suburbs with public data.

Similar suburbs in NSW by price range, ranked by yield:

Crestwood, NSW
10.1% yield
$412,500
Murwillumbah, NSW
10.0% yield
$360,000
Bringelly, NSW
9.4% yield
$610,900
Erina, NSW
9.3% yield
$365,000
Ilford, NSW
9.2% yield
$352,000
Bonnells Bay, NSW
9.1% yield
$355,000

Head-to-head comparisons for Parkes:

Parkes vs Tocumwal →
Compare with nearby Open comparison →
Best suburbs to invest in NSW View NSW shortlist →
Highest rental yield suburbs National leaderboard →
Investment analysis tool Run analysis →
Deal Review Review a property →

💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $470,000
Deposit (20%) $94,000
Loan (80% LVR) $376,000
Weekly rent $450/wk
Annual rent income $23,400/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
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❓ Frequently Asked Questions

Is Parkes a good suburb to invest in?

Parkes has an average renter proportion. Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in Parkes?

The median house price in Parkes is approximately $470,000 based on 2026 public data.

What is the rental yield in Parkes?

The indicative gross rental yield in Parkes is 5.0%, based on a median weekly rent of $450 against a median price of $470,000. This is general data only — actual yields vary by property, condition and market timing.

How does Parkes compare to other suburbs?

Use the suburb comparison tool to compare Parkes against other Australian suburbs by price, yield, vacancy and renter demand.

Is Parkes a safe suburb?

Parkes shows well above-average reported crime compared with other suburbs in NSW, based on 2024 state police data. The reported crime rate is about 137 incidents per 1,000 residents. Always check current local crime statistics before deciding.

What schools are in Parkes?

Parkes has 4 known schools, including Middleton Public School, Parkes East Public School, Parkes Public School, Parkes High School. Catchments and enrolment policies change — confirm directly with each school.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

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General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →