Parkes Shire Council, NSW

Parkes Shire is a local government area in New South Wales’ Central West region. The Shire is bounded on the north by the Broken Hill railway line and on the south by the Newell Highway.
The administrative area includes the town of Parkes and a 5,919-square-kilometer territory around it (2,285 sq mi). Peak Hill, Alectown, Bogan Gate, Trundle, and Tullamore are all located within the Shire.

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Managers account for 17.4 % of employment in Parkes, followed by technicians and trades workers (14.8 %), professionals (14.6 %), clerical and administrative workers (11.2 %), and community and personal service workers (10.6%).

In Parkes, the typical weekly personal income for residents aged 15 years and older is $554.

In Parkes, 90.1 % of occupied private residences are detached houses, 2.7 % are semi-detached, row or terrace houses, townhouses, or other buildings, 5.5 % are flats or apartments, and 0.7 % are other dwellings.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Upgrade to Starter Plan to see Demand Profile data.
Upgrade to Professional Plan to see Buy & Rent Search Index data.

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.

Property Market in Parkes Shire Council, NSW

What other property markets are there near Parkes Shire Council, NSW?

Parkes Shire Council is surrounded by 4 other council areas – Cabonne, Forbes, Narromine, Lachlan.

Suburbs/localities in this Local Government Area: Cooks Myalls 2870, Goonumbla 2870, Gunningbland 2876, Alectown 2870, Nelungaloo 2876, Parkes 2870, Peak Hill 2869, Tichborne 2870, Trewilga 2869, Trundle 2875, Bogan Gate 2876, Bruie Plains 2875

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