19 Coleman Road Parkes NSW 2870
19 Coleman Road Parkes NSW 2870
Fresh 2-bed on 811m²|Last sold 2019|Est. $400-425K value|School catchment 0.8km|3 days listed This two-bedroom house on an 811sqm block suits downsizers or couples prioritizing school proximity and generous yard space in a family-oriented area. The sizable land offers scope for gardening, extensions, or simply low-maintenance outdoor living, setting it apart from tighter lots nearby. Positioned within walking distance to Parkes Public School and Holy Family Parish, it aligns neatly with streets popular among young families and educators. Properties like this, with dual bathrooms and parking for two, typically draw retirees or professionals seeking turnkey convenience without excess space. In the local market, two-bedroom houses on similar blocks hold steady value, buoyed by Parkes’ consistent demand for entry-level family homes. Recent sales data underscores their appeal, often moving quickly post-listing as seen with this one’s prompt appearance online. Long-term, the 811sqm lot provides holding strength amid regional growth, allowing flexibility for future adaptations. Its 2019 ownership change suggests stable tenure, appealing to buyers wary of high-turnover risks. Overall, it occupies a practical niche, balancing affordability with positional advantages in a market favoring versatile blocks.
Detailed Independent Property Report prepared by PropCred Analyst team for 19 Coleman Road Parkes NSW 2870
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Parkes is a regional centre benefiting from logistics, agriculture and infrastructure investment, including the Inland Rail project. Demand is supported by employment and investor interest in yields. Housing supply is relatively flexible. The market is stable with moderate turnover. Growth has improved with infrastructure-driven momentum. However, long-term growth remains tied to economic diversification.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
811m²
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