Suburb report · NSW 2870
Parkes
Prepared by the property strategists at Chase Wealth Australia
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Population
11,337
Parkes suburb profile
Who lives in Parkes
Parkes sits 293km from the Sydney CBD, well outside the capital's orbit. Parkes is one of the most populous suburbs in New South Wales, with 11,337 residents, more than 85% of the state's suburbs. Among the 763 New South Wales suburbs and towns more than 40km from the Sydney CBD, it ranks 48 by population. Parkes has a median age of 39, near the state's median suburb at 40. Among New South Wales suburbs and towns more than 40km from the Sydney CBD, 476 of 763 have an older median age.
Income and home ownership
Median household income is $81,000, below the $104,500 of the median New South Wales suburb. On household income it ranks 438 of 763 New South Wales suburbs and towns more than 40km from the Sydney CBD. 69.6% of households own their home and 30.4% rent, close to the 73.1% ownership of a typical New South Wales suburb. 510 of the 763 New South Wales suburbs and towns more than 40km from the Sydney CBD have a higher ownership share.
Household mix
The 2021 Census counted 4,278 occupied private dwellings in Parkes, one of the larger housing stocks in New South Wales. Families with children are the largest household type at 39.4%, ahead of couples without children at 27.5% and people living alone at 30.5%. Of the 761 New South Wales suburbs and towns more than 40km from the Sydney CBD, 449 have a higher share of families with children and 309 a lower one. The 30.5% share of people living alone runs above most of New South Wales, at the 73rd percentile. The 27.5% share of couples without children is typical for New South Wales.
Housing supply
Approvals eased to 36 in the year to June 2025 across the Parkes (NSW) statistical area, below its 2020 to 2024 average of 41 a year. Supply figures here are for the Parkes (NSW) statistical area, home to 10,998 residents in 2025, which closely matches Parkes. At 3.3 per 1,000 residents of that area, the pipeline sits mid-range for New South Wales, above 55% of areas. Over the 6 years to June 2025, annual approvals ranged from 30 in 2020 to 61 in 2022.
Population trend
The population of the Parkes (NSW) statistical area fell 0.9% from 2020 to 2025, against 5.9% for New South Wales as a whole. The median New South Wales statistical area grew 2.5% over the same 5 years, 3.4 points faster than this one. That rate is faster than 15% of New South Wales statistical areas. Year by year, the change ran from -1% in 2021 to 0.2% in 2024.
Against its neighbours
Of the suburbs profiled in the region listed below, Dubbo differs most on the median age: 35 there against 39 in Parkes. Young is the closest match on the owner-occupied share, at 69.2% against 69.6%. Orange sits 88km away, with a median household income of $93,400 against $81,000 here.
Location
Demographics
ABS Data by Region to 2025, on ABS Census 2021 suburb baselineHousehold Mix Census 2021
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Reading this report
Every figure in the Parkes data table is dated at its source. Supply and population change cover the Parkes (NSW) statistical area, whose boundary differs from Parkes's, and our guide to reading a suburb report explains how our buyers agents weigh them.
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This report is market intelligence prepared by Chase Wealth Australia for general information only. Figures are statistical estimates for the suburb, not valuations of any individual property, and do not constitute financial or credit advice. Consider your circumstances and seek professional advice before acting. Demographic figures are sourced from the Australian Bureau of Statistics, Census 2021 (licensed CC BY 4.0) where available.