Key Investment Metrics
| Metric | Estimate | Status |
|---|---|---|
| Demand Supply Ratio (DSR) | 69.3 | Met |
| Vacancy Rate | 1.8% | Caution |
| Gross Rental Yield | 4.3% | Met |
| Days on Market | 48 days | Caution |
| Median Property Value | $390k | No Data |
| 3-Year Capital Growth | 6.3% | Met |
| 12-Month Rental Growth | 1.2% | 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 10/16.
The model-adjusted Demand Supply Ratio (DSR) estimate for Parkes is 69.3, which is rated as strong for investment. The model-adjusted vacancy estimate is 1.8%, suggesting moderate rental demand.
The model-adjusted gross rental yield estimate in Parkes is 4.3%, with a 3-year capital growth estimate of 6.3%. Properties in Parkes typically sell within an estimated 48 days.
Available Assessments
10 funded projects ($7541.57m) — Rail & Public Transport, Roads & Transport, Urban Development