Parkes (2870) median house price & property market
In Parkes (2870), the median house price is $495,000 and the median unit price is $380,000. Prices have grown 7.9% a year over the last five years. Below: price history, sales volume, listing age and demographics for Parkes, in the Parkes LGA — built on NSW Valuer General bulk sales data and SQM Research listings.
Data updated 2026-10-19.
Quarterly medians from NSW Valuer General sales. Latest point is the trailing 12-month median, as in the terminal.
Parkes median house and unit prices
- Median house price
- $495,000 (272 sales)
- Median unit price
- $380,000 (13 sales)
- Median all dwellings
- $490,000 (285 sales)
Parkes price growth (CAGR)
- 1-year CAGR
- 7.7%
- 3-year CAGR
- 4.0%
- 5-year CAGR
- 7.9%
- 10-year CAGR
- 7.0%
Parkes market activity
- Annual sales (last 12mo)
- 286
- Annual sales (5y avg)
- 269
- Median listing age
- 149 days
Parkes demographics & location
- Population (ABS 2021)
- 11,324
- Population growth 2016-21
- -1.7%
- Median age
- 39
- Median weekly household income
- $1,401
- Median weekly rent
- $260
- Owner-occupier
- 53%
- Rented
- 47%
- Dwelling mix (house / townhouse / unit)
- 87% / 4% / 8%
- SEIFA decile (10 = highest)
- 2
- Distance to Sydney CBD
- 285.4 km
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Frequently asked
What is the median house price in Parkes?
The median house price in Parkes 2870 is $495,000, the median of 272 NSW Valuer General house sales in the 12 months to August 2026.
What is the median unit price in Parkes?
The median unit price in Parkes 2870 is $380,000, the median of 13 unit sales in the 12 months to August 2026.
How much has property grown in Parkes over 5 years?
Compound annual growth (CAGR) for Parkes over the last 5 years is 7.9%.
How many properties sell in Parkes per year?
Around 286 properties sold in Parkes 2870 in the last 12 months.
What is the population of Parkes?
Parkes 2870 has a population of 11,324 (ABS Census 2021).
How long do properties take to sell in Parkes?
The median listing age (a proxy for days on market) in Parkes 2870 is approximately 149 days, from SQM Research listings data.
Methodology
Medians computed from NSW Valuer General bulk sales data using nearest-month estimation with 3-month smoothing and 3× outlier rejection. CAGRs computed from trailing 12-month medians at each anchor point. The trailing 1–3 months of data are filtered when sale counts fall below typical volumes (settlement-lag handling). Listing age is derived from SQM Research bucketed listing-age data using midpoint medians. Demographics: ABS Census 2021. SEIFA: ABS SEIFA 2021. Full methodology →