Key Investment Metrics
| Metric | Estimate | Status |
|---|---|---|
| Demand Supply Ratio (DSR) | 81.2 | Met |
| Vacancy Rate | 2.0% | Caution |
| Gross Rental Yield | 5.8% | Met |
| Days on Market | 24 days | Met |
| Median Property Value | $580k | No Data |
| 3-Year Capital Growth | 20.8% | Met |
| 12-Month Rental Growth | 4.3% | Caution |
| Average Vendor Discount | 0.0% | Met |
Estimates are display-only values adjusted from source data and historical signals; exact provider figures are not shown.
About Parkes, NSW 2870
Parkes is located in New South Wales with postcode 2870. Based on our analysis of 23+ growth factors, Parkes is classified as a neutral market with a Hot Market Score of 9/16.
The model-adjusted Demand Supply Ratio (DSR) estimate for Parkes is 81.2, which is rated as strong for investment. The model-adjusted vacancy estimate is 2.0%, suggesting moderate rental demand.
The model-adjusted gross rental yield estimate in Parkes is 5.8%, with a 3-year capital growth estimate of 20.8%. Properties in Parkes typically sell within an estimated 24 days.
Available Assessments
11 funded projects ($7529.23m) — Rail & Public Transport, Roads & Transport, Urban Development