11 Downes Cres, Parkes NSW 2870

11 Downes Cres, Parkes NSW 2870
3โ€‘bed, 1โ€‘bath, singleโ€‘storey | 700โ€“800 mยฒ lot | quiet suburban street | modern finishes | steady rental demand This property is competitively strong as a wellโ€‘presented, detached house on a generous suburban lot in a quiet residential street. Its modern interior finishes and separate living and dining areas place it slightly above the typical regional stock, appealing to families seeking affordable space and to investors looking for steady yield. The configuration is straightforward and functional, with a singleโ€‘storey layout, one garage, and offโ€‘street parking. It sits within a neighbourhood of similar homes, offering a consistent, familyโ€‘oriented character. This house best serves ownerโ€‘occupiers wanting a moveโ€‘inโ€‘ready home with room to grow, or investors targeting consistent regional demand. The property may have a bedroom count discrepancy between sales and rental listings, which could affect its perceived value for different buyer types. Its age is not confirmed but likely postโ€‘1980s, so the condition of major systems like roofing and plumbing should be verified. The lot size, while generous, is typical for the area and may not command a premium. The local job market is tied to agriculture, mining, and transport sectors, which may influence longโ€‘term demand resilience. These factors should be weighed when forming a view on price.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 11 Downes Cres, Parkes NSW 2870
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Parkes presents as an affordable regional centre attracting families and first-home buyers seeking detached housing, supported by consistent long-term capital growth. Recent market conditions show mixed price signals with houses experiencing some softening while units have seen strong appreciation, indicating segmented demand. The suburb’s future is underpinned by its established appeal and relative affordability, though its current valuation and sensitivity to mortgage rates present a key constraint for new entrants.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

626mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat