38-40 Jones StreetParkes NSW 2870
Property Details for 38-40 Jones St, Parkes
38-40 Jones St, Parkes is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 4058m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (September 2025)
An exceptional opportunity awaits at 38-40 Jones Street; a fully DA-approved development site in a great location. Spanning 4058 sqm, this site is ready for construction with all approvals in place.
Approved development plans include:
Six modern townhouses, each with 4 bedrooms, 2 bathrooms and a double garage (340 sqm lots)
Private open spaces for all residences
New driveways and landscaping incorporated into the design
With the planning process completed, this is a rare chance to step straight into a turnkey development.
A current 3-bedroom dwelling exists on-site that is currently leased.
Why Invest in Parkes?
Parkes is experiencing significant growth, driven by major infrastructure projects and strategic planning initiatives:
Special Activation Precinct (SAP): The NSW Government's SAP initiative is set to transform Parkes into a national logistics hub, attracting businesses and creating thousands of jobs. This development is anticipated to boost demand for housing and related services.
Population Growth: Parkes Shire's population is projected to increase, with estimates suggesting growth by almost 3,000 people over the longer term under high growth scenarios.
Strategic Location: Situated in the Central West region of New South Wales, Parkes serves as a key junction for major highways and rail lines, enhancing its appeal for both residential and commercial developments.
This development site offers a great opportunity to capitalise on Parkes' growth trajectory and the increasing demand for quality housing.
Contact the agent to receive the full plans. You don't want to miss this opportunity!
Property History for 38-40 Jones St, Parkes, NSW 2870
- 11 Mar 2025Listed for Sale Auction
- 23 Jun 2021Listed for Rent $320 / week
- 20 May 2021Sold for $350,000
Recent sales nearby
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0About Parkes 2870
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 6,910 properties. Over the last 5 years, Houses in Parkes have seen a 55.62% increase in median value, while Units have seen a 24.51% increase. As at 31 July 2026:
- The median value for Houses in Parkes is $459,953 while the median value for Units is $371,237.
- Houses have a median rent of $450 while Units have a median rent of $315.
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