42 Heraghty Road, Parkes, NSW 2870 | House for sale | OnTheHouse
FOR SALE
$1,980,000

42 Heraghty Road
Parkes NSW 2870

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Land area: 16ac
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'Olivilla' - The Ultimate Lifestyle Escape - Where Luxury Meets Elevated Country Living

Commanding an elevated position along Heraghty Road, 'Olivilla' is more than just a home, it's a 16-acre lifestyle estate. 'Olivilla' presents panoramic vistas of the Hervey Ranges and ever-changing seasonal landscapes from the vibrant yellow of blooming canola crops to golden wheat fields and lush green pastures.
With two modern residences, expansive outdoor entertaining and a poolside oasis, this property delivers
quality, versatility and a sense of everyday escape, all within minutes of Parkes.
The main four-bedroom residence spans 240 sqm of refined interiors. Originally built in 1993 and thoughtfully renovated in 2016, every element speaks to quality and modern comfort. The home features a harmonious palette of soft neutrals, timber-look flooring and plush bedroom carpeting. The gourmet kitchen showcases sleek Staron benchtops and a full suite of premium Miele appliances. Formal and informal living zones transition seamlessly to expansive outdoor entertaining, with steel-panelled pergolas embracing the northern and eastern aspects. Climate comfort is assured year-round through ducted Daikin air conditioning. Sustainability meets convenience with a 5.3 kWp solar system, LG battery storage, and a fully integrated EV charging station.
A second architect-designed residence, completed in 2015, offers 143 sqm of contemporary sophistication. With soaring raked ceilings, polished concrete floors and bespoke detailing, it includes a full kitchen, bedroom suite, powder room and a luxurious alfresco zone with built-in BBQ beneath a Vergola louvre system. Ideal for multi-generational living, guest accommodation, or boutique short-stay income, this residence currently operates as a successful Airbnb. Discover more at Olivilla on Airbnb
https://www.airbnb.com.au/rooms/31721925?source_impression_id=p3_1760481675_P3AGS9OK83hmtIb
Beyond the residences, 'Olivilla' elevates outdoor living to a resort standard. The heated 10.2m Compass pool and adjoining 2.8m spa feature both solar and gas heating. Framed in travertine surrounds, the pool area is complemented by a wood-fired pizza oven and multiple alfresco entertaining zones. Established gardens and curated lawns are supported by a 27-zone smart irrigation system, drawing from a robust water infrastructure with rainwater tanks, bore supply and dual dams. This offers substantial water
and tank storage for peace of mind.
More than 100 mature olive trees are well established across the property, adding to the picturesque landscape and offering potential for artisanal olive oil production.
Security and privacy are paramount, with solar-electric gated entry, keypad and app control and a sealed
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Property Details for 42 Heraghty Rd, Parkes

42 Heraghty Rd, Parkes is a 5 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 16ac. The place is currently for sale with Ray White Parkes.

Building Type
House
Land Size
16ac
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About Parkes 2870

The size of Parkes is approximately 975.0 square kilometres. It has 38 parks covering nearly 12.0% of total area. The population of Parkes in 2016 was 11408 people. By 2021 the population was 11324 showing a population decline of 0.7% in the area during that time. The predominant age group in Parkes is 10-19 years. Households in Parkes are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parkes work in a professional occupation.In 2021, 66.50% of the homes in Parkes were owner-occupied compared with 64.60% in 2016.

Parkes has 6,884 properties. Over the last 5 years, Houses in Parkes have seen a 63.99% increase in median value, while Units have seen a 72.62% increase. As at 31 October 2025:

  • The median value for Houses in Parkes is $411,250 while the median value for Units is $407,319.
  • Houses have a median rent of $443 while Units have a median rent of $300.
There are currently 69 properties listed for sale, and 24 properties listed for rent in Parkes on OnTheHouse. According to Cotality's data, 353 properties were sold in the past 12 months in Parkes.

Suburb Insights for Parkes 2870

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Jim O'Donoghue
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Ray White Parkes
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.