Parkes NSW 2870 — House Prices, Rent & Suburb Profile
Parkes is a suburb in New South Wales (postcode 2870). The median sale price is $474k (+126% since 2012). The median weekly rent is $408/week, a gross rental yield of about 4.5%. It has a population of about 11,324 (ABS Census 2021).
Median sale price trend
| Year | Median sale price |
|---|---|
| 2021 | $320,000 |
| 2022 | $370,000 |
| 2023 | $417,500 |
| 2024 | $435,000 |
| 2025 | $444,750 |
| 2026 | $473,750 |
Source: NSW Valuer General bulk property sales. Medians shown only where there are enough sales.
Median weekly rent by bedrooms
| Bedrooms | Median weekly rent |
|---|---|
| 2-bedroom | $230 |
| 3-bedroom | $418 |
| 4+ bed | $375 |
Postcode-level median (all property types). Source: NSW DCJ rental bonds.
Housing mix
Predominantly house (78% of recorded sales, most commonly around 700+㎡ land).
Demographics (ABS Census 2021)
- Population: 11,324
- Median age: 39
- Median weekly household income: $1,401
- Average household size: 2.4
Socio-economic profile (ABS SEIFA 2021)
- IRSAD (relative advantage/disadvantage): score 921 · 18th percentile in Australia
- IEO (education & occupation): score 902 · 16th percentile
Higher score = relatively more advantaged. This is a socio-economic index, not a measure of school or teaching quality. Source: ABS SEIFA 2021 (CC BY).
Schools in Parkes
- Parkes High School · Secondary School
- Parkes Public School · Primary School
- Parkes East Public School · Primary School
- Middleton Public School · Primary School
Schools located within the suburb boundary. For catchments and results, see the official My School / NSW sources.
Transport
Nearest station: Parkes Station (train), about 10.3 km from the suburb centre.
Land value
Median land value: $131,000 (2025 base year). This is land value, not market sale price. Source: NSW Valuer General (CC BY).
Frequently asked questions
What is the median house price in Parkes?
The median sale price in Parkes NSW 2870 is $473,750, up 126% since 2012. Based on NSW Valuer General sales data.
What is the average weekly rent in Parkes?
The median weekly rent in Parkes (postcode 2870) is $408 per week. Source: NSW DCJ rental bonds.
What is the rental yield in Parkes?
The estimated gross rental yield in Parkes is about 4.5%, based on the median weekly rent relative to the median sale price.
What schools are in Parkes?
Schools located in Parkes include Parkes High School, Parkes Public School, Parkes East Public School, Middleton Public School.
Nearby suburbs
Explore house prices & rent in suburbs near Parkes. Browse all NSW suburbs →
Prices, rents, school zones, land values and zoning across NSW.
Data: NSW Valuer General (sales & land value), NSW DCJ (rents), ABS Census & SEIFA 2021, TfNSW (transport). Figures are medians and estimates for general information only, not valuations or advice.