PARKES 2870
State: NSWPosiProp AI Investment Summary
PARKES (NSW 2870) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.9% and has experienced a 12-month capital growth of Up 9.2%, with a median house buy price of $495,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$345,000
$460,000
$570,000
$495,000
Suburb Market Profile
Last month Parkes had 74 properties available for rent and 48 properties for sale. Median property prices over the last year range from $495,000 for houses to $365,000 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 4.9% and units rent for $320 PW with a rental yield of 4.1%. Parkes has seen an annual compound growth rate of 9.2% for houses and -24.0% for units.
Top Yielding Suburbs in NSW
Explore other high-yield positive cash flow investment markets in NSW