46 Orange StreetParkes NSW 2870
Property Details for 46 Orange St, Parkes
Last Listing description (September 2025)
Presenting a unique and versatile opportunity in Parkes-the thriving hub of Central West NSW. This vacant aged care facility is now available for sale, offering a rare and valuable canvas to bring your vision to life.
Set on a generous 5,931 sqm parcel of land in a popular East Parkes location, this property is well-suited to a range of future uses, including aged care, health services, community housing, accommodation, or redevelopment (STCA). Current configuration offers 20 self contained apartments, 51 ensuite rooms, 10 rooms with shared facilities, and enabling infrastructure including commercial kitchen, laundry, office & maintenance areas.
Whether you're an established operator looking to expand, an investor seeking to leverage Parkes' rising regional profile, or a visionary developer ready to reimagine the space, this property offers exceptional potential to shape a new chapter within a well-connected and supportive community.
Parkes is on the cusp of significant population and economic growth, driven by the NSW Government's acquisition of 4,800 hectares on the town's edge for the Parkes Special Activation Precinct. With over $330 million already invested and billions more in state-significant developments planned, now is the ideal time to establish your business or project in a high-demand, fast-growing environment.
Ray White have been appointed exclusive agents for the sale of 46 Orange Street via Expressions of Interest which will be open until Friday August 8th.
Phone the team at Ray White Parkes on 02 6862 1900 today to receive a comprehensive Information Memorandum and arrange your inspection.
Property History for 46 Orange St, Parkes, NSW 2870
- 08 Sep 2025Sold for $2,689,500
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0About 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.
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