113-119 Mitchell St, Parkes is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 8094m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom House sold in Parkes in the last 12 months.
113-119 Mitchell Street, Parkes presents a rare and substantial development opportunity in the growing heart of Parkes, offering approximately 8,094 sqm with future development potential.
Currently returning $330.00 per week in rental income, the property features a versatile 3 bedroom, 2 bathroom residence with a flexible floorplan designed to offer both generous space and adaptable living options. With three separate living areas, two of which can serve as additional bedrooms, the home provides outstanding adaptability for large families, independent living arrangements, extended family or dual-living potential. One section of the home includes its own separate entrance, laundry and bathroom, adding even greater flexibility for buyers seeking space and versatility.
From a development perspective, the property offers exciting scope with an approved DA already in place for a two-lot subdivision comprising:
There is potential for further subdivision opportunities (subject to council approval), with proposed lot sizes ranging from approximately 650 sqm to 805 sqm, making this an exciting prospect for developers and investors looking to capitalise on Parkes' continued growth.
Additional development considerations include established stormwater access provisions, which may assist in streamlining future development infrastructure requirements.
Key Features:
• Approx. 8,094 sqm landholding
• Currently leased at $330.00 per week
• Flexible home layout
• Multiple living zones and separate access area
• Approved DA for 2-lot subdivision
• Potential future 9-lot subdivision (STCA)
• Development potential
Whether you're looking for an immediate investment, a future development site or a large flexible residence with room to grow, 113-119 Mitchell Street delivers endless possibilities.
Contact Jim O'Donoghue on 0461 441 567 today.
The size of Parkes is approximately 975.0 square kilometres. There are 38 parks, covering nearly 12.0% of the 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 6,906 properties. Over the last 5 years, Houses in Parkes have seen a 45.33% increase in median value, while Units have seen a 27.67% increase. As at 31 May 2026:
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