Area of Parkes
Population
14,361
Area of Parkes is a Local Government Area in Australia comprising 15 suburbs with a population of 14,361 residents. For property investors analysing Area of Parkes capital growth potential, this council area ranks in the top 51% of Australian LGAs for investment opportunity based on our proprietary scoring algorithm.
The current median house price in Area of Parkes is approximately $455K, making it an affordable entry point for first-time investors. Area of Parkes property investment fundamentals show emerging signals, with healthy employment diversity across industries.
Growth Performance Prediction
Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.
Overall Growth Potential
Outperforms 49% of all LGAs
Key Market Indicators
Poor Population Forecasts
Population Score
High New Home Construction
Supply Score
Poor Lifestyle Factors
Life Score
Investment Outlook
This area shows moderate growth potential with mixed indicators across key market factors. Consider evaluating specific factors before investing.
Em
Employment Diveristy
Health Care and Social Assistance - 13.00%
Agriculture, Forestry and Fishing - 12.00%
Retail Trade - 11.00%
Education and Training - 9.00%
Others - 55.00%
Commute Time
165mins
84kms
Common Transport Methods
Income Growth
Average Income
15 Suburbs in Area of Parkes
Ordered by Best Projected Short Term Growth (Green = Buying window)
Trend Indicators:
Suburb Name
Asking Price
Yield
Area of Parkes Property Investment FAQs
Is Area of Parkes a good area for property investment in 2026?▼
Area of Parkes ranks in the top 51% of all Australian Local Government Areas for property investment potential. While Area of Parkes currently shows emerging investment signals, there may be specific suburbs within the LGA that outperform the broader area. We recommend analysing individual suburb scores to identify potential opportunities for property growth.
What is the median house price in Area of Parkes?▼
The current median house price across Area of Parkes is approximately $455K. This median price reflects sales data from properties across all 15 suburbs within the Local Government Area. At this price point, Area of Parkes represents an affordable entry into the Australian property market, potentially offering higher rental yields and cash flow positive opportunities.
What are the best suburbs to invest in Area of Parkes?▼
Area of Parkes contains 15 suburbs, each with unique investment characteristics and suburb scores. The best suburbs for investment within Area of Parkes depend on your investment strategy - whether you're seeking capital growth, rental yield, or a balanced approach. Use our suburb analysis tools to compare all 15 suburbs in Area of Parkes ranked by our proprietary suburb score, which factors in price growth trends, rental yields, vacancy rates, and demographic indicators.
What is the capital growth outlook for Area of Parkes?▼
Area of Parkes's capital growth outlook is variable based on current market indicators. Capital growth in Area of Parkes may be uneven across different suburbs. We recommend targeting specific suburbs with strong individual metrics rather than relying on LGA-wide trends.
What is the population of Area of Parkes?▼
Area of Parkes has a population of approximately 14,361 residents across its 15 suburbs. Population growth is a key indicator for property investment as it drives housing demand. Monitor population trends in Area of Parkes as part of your investment research to understand future housing demand.
How many suburbs are in Area of Parkes council area?▼
Area of Parkes Local Government Area contains 15 suburbs. Each suburb has its own property market dynamics, median prices, and investment potential. When investing in Area of Parkes, it's important to analyse individual suburbs rather than relying solely on LGA-level data. Our platform provides detailed suburb scores and analytics for all 15 suburbs to help you identify the best investment opportunities within Area of Parkes.
