Parkes ShireEconomic profile
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Parkes Shire

Housing prices

At June 2018, the median house valuation in Parkes Shire was $499,236 lower compared to New South Wales.

This indicator shows the value of houses and units in Parkes Shire and wider region during the period 2014-2018. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Value of houses
Value of houses New South Wales: $508,933 New South Wales: $569,226 New South Wales: $639,193 New South Wales: $712,545 New South Wales: $740,444 Regional NSW: $374,611 Regional NSW: $386,543 Regional NSW: $415,366 Regional NSW: $452,587 Regional NSW: $491,578 Parkes Shire: $239,947 Parkes Shire: $250,850 Parkes Shire: $228,722 Parkes Shire: $254,337 Parkes Shire: $241,208
Source: Hometrack 2014-2018, Housing Valuation System
Value of units
Value of units New South Wales: $496,521 New South Wales: $559,521 New South Wales: $613,880 New South Wales: $671,373 New South Wales: $676,368 Regional NSW: $293,646 Regional NSW: $308,161 Regional NSW: $332,854 Regional NSW: $360,645 Regional NSW: $393,185 Parkes Shire: $249,021 Parkes Shire: $0 Parkes Shire: $205,867 Parkes Shire: $0 Parkes Shire: $225,814
Source: Hometrack 2014-2018, Housing Valuation System
Median housing value
HousesUnits
Year (at June)Parkes ShireRegional NSWNew South WalesParkes ShireRegional NSWNew South Wales
2018$241,208$491,578$740,444$225,814$393,185$676,368
2017$254,337$452,587$712,545--$360,645$671,373
2016$228,722$415,366$639,193$205,867$332,854$613,880
2015$250,850$386,543$569,226--$308,161$559,521
2014$239,947$374,611$508,933$249,021$293,646$496,521

Source: Hometrack 2014-2018, Housing Valuation System.

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