71 May StreetParkes NSW 2870
Property Details for 71 May St, Parkes
Last Listing description (March 2020)
Commercial investment located opposite the Railway Station and a short walk to the CBD of Parkes. The property is fully fenced and car parking available. Sound brick building approx. 170sqm of floor space with 4 x reverse cycle split system a/c, polished timber floors, a separate room with 2 x toilets and modern kitchenette.
Unit 1 - leased until 05/2020 returning $700 per month with 33% of building outgoings.
Unit 2-4 - leased until 11/2020 returning $1,642.70 per month and 66% of building outgoings.
Property History for 71 May St, Parkes, NSW 2870
- 23 Mar 2020Sold for $280,000
- 08 Mar 2019Listed for Sale $365,000
- 17 Oct 2018Listed for Rent $130 / year
Recent sales nearby
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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 6,884 properties. Over the last 5 years, Houses in Parkes have seen a 61.06% increase in median value, while Units have seen a 49.79% increase. As at 31 December 2025:
- The median value for Houses in Parkes is $430,910 while the median value for Units is $396,059.
- Houses have a median rent of $450 while Units have a median rent of $300.
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