Parkes vs Yenda
Property investment comparison - Parkes, NSW 2870 vs Yenda, NSW 2681
Head-to-head across core investment metrics: Parkes wins 3, Yenda wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Parkes | Yenda |
|---|---|---|
| Median house price | $480K | $490K |
| Median unit price | - | $355K |
| Gross rental yield (houses) | 4.80% | 4.67% |
| Gross rental yield (units) | - | 2.08% |
| 1-year house growth | +7.0% | +2.7%estimate |
| 3-year house growth | -2.8% | - |
| Vacancy rate | 2.7% | 2.0% |
| Population | 11,324 | 1,564 |
Parkes vs Yenda: what the numbers say
The median house price is $480K in Parkes and $490K in Yenda, so Parkes is the cheaper entry point, with Yenda houses about 2% dearer.
On cash flow, Parkes leads: houses there return a gross rental yield of 4.80%, compared with 4.67% in Yenda, a gap of 0.13 percentage points.
Over the past year house prices moved +7.0% in Parkes and +2.7% in Yenda (an estimate), so recent momentum favours Parkes, although both suburbs recorded growth.
Rental vacancy is 2.0% in Yenda and 2.7% in Parkes, so landlords in Yenda face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Parkes is the bigger suburb, with a population of 11,324 against 1,564, roughly 7 times the size of Yenda; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Parkes for rental income, Parkes for a lower purchase price, Parkes for recent price momentum, Yenda for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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