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Investment Spotlight • Australia

PARKES 2870

State: NSW
Updated: 8 April 2026

PosiProp AI Investment Summary

PARKES (NSW 2870) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.2% and has experienced a 12-month capital growth of Up 6.7%, with a median house buy price of $466,950. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 housebuy

$310,000

Up 3.3% 5.5% Yield
3 housebuy

$431,250

Up 7.8% 5.2% Yield
4 housebuy

$542,500

Up 1.4% 4.7% Yield
all housebuy

$466,950

Up 6.7% 5.2% Yield

Suburb Market Profile

Last month Parkes had 51 properties available for rent and 65 properties for sale. Median property prices over the last year range from $466,950 for houses to $375,000 for units. If you are looking for an investment property, consider houses in Parkes rent out for $450 PW with an annual rental yield of 5.2% and units rent for $310 PW with a rental yield of 4.1%. Parkes has seen an annual compound growth rate of 6.7% for houses and 10.3% for units.

Properties For Sale in PARKES

43 Listings Found
Property Listing

$545,000

17 Hume Street, Parkes

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+16.7% vs medianView on RealEstate ↗
Property Listing

$720,000

12 Cedar Crescent, Parkes

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+54.2% vs medianView on RealEstate ↗
Property Listing

$440,000

1/4 Friendship Place, Parkes

🛏️ 3 Bed🛁 2 Bath🚗 1 Car
-5.8% vs medianView on RealEstate ↗
Property Listing

$520,000

99-101 Clarinda Street, Parkes

🛏️ 2 Bed🛁 1 Bath🚗 - Car
+11.4% vs medianView on RealEstate ↗
Property Listing

$440,000

1/4 Friendship Place, Parkes

🛏️ 3 Bed🛁 2 Bath🚗 1 Car
-5.8% vs medianView on RealEstate ↗
Property Listing

$995,000

24-26 Barton Street, Parkes

🛏️ 5 Bed🛁 2 Bath🚗 8 Car
+113.1% vs medianView on RealEstate ↗
Property Listing

$350,000

6/2A Wilga Street, Parkes

🛏️ 2 Bed🛁 1 Bath🚗 2 Car
-6.7% vs medianView on RealEstate ↗
Property Listing

$350,000

2/2A Wilga Street, Parkes

🛏️ 2 Bed🛁 1 Bath🚗 1 Car
-6.7% vs medianView on RealEstate ↗
Property Listing

$750,000

6 Glenwarrie Place, Parkes

🛏️ 4 Bed🛁 3 Bath🚗 4 Car
+60.6% vs medianView on RealEstate ↗
Property Listing

$350,000

9 Kookaburra Street, Parkes

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
-25.0% vs medianView on RealEstate ↗
Property Listing

$765,000

145 Back Yamma Road, Parkes

🛏️ 4 Bed🛁 2 Bath🚗 4 Car
+63.8% vs medianView on RealEstate ↗
Property Listing

$878,000

12 Albert Street, Parkes

🛏️ 4 Bed🛁 2 Bath🚗 1 Car
+88.0% vs medianView on RealEstate ↗
Property Listing

2 Kelly Road, Parkes

🛏️ 6 Bed🛁 3 Bath🚗 3 Car
Property Listing

$800,000 - $850,000

15 Glenwarrie Place, Parkes

🛏️ 6 Bed🛁 3 Bath🚗 2 Car
+71.3% vs medianView on RealEstate ↗
Property Listing

$670,000

11 Wattle Street, Parkes

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+43.5% vs medianView on RealEstate ↗
Property Listing

$498,000

54 Orange Street, Parkes

🛏️ 2 Bed🛁 2 Bath🚗 2 Car
+6.6% vs medianView on RealEstate ↗
Property Listing

$980,000

32 Bushman Street, Parkes

🛏️ 4 Bed🛁 3 Bath🚗 3 Car
+109.9% vs medianView on RealEstate ↗
Property Listing

$750,000

6 Angeleish Avenue, Parkes

🛏️ 5 Bed🛁 2 Bath🚗 4 Car
+60.6% vs medianView on RealEstate ↗
Property Listing

1&2/5A Kookaburra Street, Parkes

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
Property Listing

$490,000 - $520,000

391 Clarinda Street, Parkes

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
+4.9% vs medianView on RealEstate ↗
Property Listing

20 Nash Street, Parkes

🛏️ 4 Bed🛁 1 Bath🚗 2 Car
Property Listing

5 Ebelina Crescent, Parkes

🛏️ 4 Bed🛁 1 Bath🚗 1 Car
Property Listing

$470,000

87 Woodward Street, Parkes

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
+0.7% vs medianView on RealEstate ↗
Property Listing

$615,000

47 Woodward Street, Parkes

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+31.7% vs medianView on RealEstate ↗
Property Listing

$498,000

54 Orange Street, Parkes

🛏️ 2 Bed🛁 2 Bath🚗 2 Car
+6.6% vs medianView on RealEstate ↗
Property Listing

$575,000

16 Evans Parade, Parkes

🛏️ 5 Bed🛁 2 Bath🚗 - Car
+23.1% vs medianView on RealEstate ↗
Property Listing

$520,000

3 Bogan Street, Parkes

🛏️ 2 Bed🛁 1 Bath🚗 - Car
+11.4% vs medianView on RealEstate ↗
Property Listing

17 Hill Street, Parkes

🛏️ 4 Bed🛁 2 Bath🚗 4 Car
Property Listing

$470,000

26 Grenfell Street, Parkes

🛏️ 3 Bed🛁 1 Bath🚗 - Car
+0.7% vs medianView on RealEstate ↗
Property Listing

$695,000

18 Jones Street, Parkes

🛏️ 4 Bed🛁 2 Bath🚗 1 Car
+48.8% vs medianView on RealEstate ↗
Property Listing

1/86A Mitchell Street, Parkes

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
Property Listing

$585,000

38 Grenfell Street, Parkes

🛏️ 4 Bed🛁 2 Bath🚗 4 Car
+25.3% vs medianView on RealEstate ↗
Property Listing

8 Peak Hill Road, Parkes

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
Property Listing

23a & 23b Vaucluse Place, Parkes

🛏️ 6 Bed🛁 4 Bath🚗 2 Car
Property Listing

$320,000

30 Callaghan Street, Parkes

🛏️ 3 Bed🛁 1 Bath🚗 - Car
-31.5% vs medianView on RealEstate ↗
Property Listing

$750,000

100 Henderson Street, Parkes

🛏️ 3 Bed🛁 1 Bath🚗 2 Car
+60.6% vs medianView on RealEstate ↗
Property Listing

$570,000

48 Hill Street, Parkes

🛏️ 5 Bed🛁 1 Bath🚗 4 Car
+22.1% vs medianView on RealEstate ↗
Property Listing

7 Rosewood Avenue, Parkes

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
Property Listing

$395,000

25 Thornbury Street, Parkes

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
-15.4% vs medianView on RealEstate ↗
Property Listing

$730,000

8 Arana Place, Parkes

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+56.3% vs medianView on RealEstate ↗
Property Listing

140 Currajong Street, Parkes

🛏️ 1 Bed🛁 1 Bath🚗 1 Car
Property Listing

$472,000

45 Flinders Street, Parkes

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
+1.1% vs medianView on RealEstate ↗
Property Listing

$995,000 - $1,050,000

6 Lorking Street, Parkes

🛏️ 5 Bed🛁 3 Bath🚗 - Car
+113.1% vs medianView on RealEstate ↗
All information is aggregated from public Australian property index registries. Analysis is for reference purposes.
© 2026 PosiProp Australia.
Best Investment Suburbs: PARKES NSW 2870 - 5.2% Yield | PosiProp