113-119 Mitchell Street, Parkes, NSW 2870 | Property Value & History | OnTheHouse
OFF MARKET

113-119 Mitchell Street
Parkes NSW 2870

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 117m2
Land area: 8108m2
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Property Details for 113-119 Mitchell St, Parkes

113-119 Mitchell St, Parkes is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 8108m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Floor Size
117m2
Land Size
8108m2
Local Government
Parkes
Lot/Plan
666/DP750152

Last Listing description (November 2025)

Unlock the potential of 113-119 Mitchell Street, a premier development opportunity spanning approximately 8,019 sqm in the thriving heart of Parkes. This versatile property currently features a spacious 3 or 4 bedroom home boasting formal lounge and dining areas a second shower in the laundry and a convenient single carport-all serviced by town water.

Key Features:
Zoning: R1 - General Residential, offering flexibility for various residential developments.

Subdividing Potential: Exciting possibility to subdivide into 9 blocks (subject to council approval), with individual lot sizes ranging from 650 sqm to 805 sqm.
Income Stream: Currently tenanted, providing an immediate return on investment while you plan your next move.
Location: Situated in Parkes, an area on the map for predicted growth, ensuring long-term value and demand.
This property presents a unique blend of immediate income and substantial development potential, making it an ideal investment for savvy buyers looking to capitalise on Parkes' upward trajectory.

Don't miss out on this exceptional chance! Contact our office today to arrange your private inspection and discover more about this outstanding opportunity.

Property History for 113-119 Mitchell St, Parkes, NSW 2870

A timeline of how this property has performed in the market
Last Sold
$285,000
23 Nov 2018
Listed for Rent
$290/w
26 Feb 2019
  • 12 Sep 2024
    Listed for Sale Expressions Of Interest
  • 18 Jan 2024
    Listed for Sale $650,000 - $700,000
  • 05 Feb 2019
    Listed for Rent - Price not available
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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 6,889 properties. Over the last 5 years, Houses in Parkes have seen a 53.88% increase in median value, while Units have seen a 41.97% increase. As at 31 January 2026:

  • The median value for Houses in Parkes is $417,546 while the median value for Units is $385,411.
  • Houses have a median rent of $450 while Units have a median rent of $310.
There are currently 66 properties listed for sale, and 34 properties listed for rent in Parkes on OnTheHouse. According to Cotality's data, 330 properties were sold in the past 12 months in Parkes.

Suburb Insights for Parkes 2870

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Cotality Copyright and Legal Disclaimers about Property Data
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.