Parkes has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.17% to date .
Across a shorter period, Parkes, 2870 has seen a median price increase of 0.58% over the last quarter.
Property investors looking for a bargain in Parkes should be aiming for at least -7.30% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 16.83 sales per month, which equates to 202 per year.
The NSW suburb of Parkes, 2870 is in the Parkes local government area.