Back 113 Mitchell St
Off Market

113 Mitchell St

Parkes NSW 2870

3
2
2
8094 m²
House
Jim O'DonoghueJim O'Donoghue, last sold this property on 15 June 2026 after 879 days on market.

Overview

Prime Development Opportunity on 8,094 sqm Allotment

113-119 Mitchell Street, Parkes presents a rare and substantial development opportunity in the growing heart of Parkes, offering approximately 8,094 sqm with future development potential. Currently returning $330.00 per week in rental income, the property features a versatile 3 bedroom, 2 bathroom residence with a flexible floorplan designed to offer both generous space and adaptable living options. With three separate living areas, two of which can serve as additional bedrooms, the home provides outstanding adaptability for large families, independent living arrangements, extended family or dual-living potential. One section of the home includes its own separate entrance, laundry and bathroom, adding even greater flexibility for buyers seeking space and versatility. From a development perspective, the property offers exciting scope with an approved DA already in place for a two-lot subdivision comprising: • One lot of approximately 750 sqm containing the existing residence • One lot of approximately 7,344 sqm There is potential for further subdivision opportunities (subject to council approval), with proposed lot sizes ranging from approximately 650 sqm to 805 sqm, making this an exciting prospect for developers and investors looking to capitalise on Parkes' continued growth. Additional development considerations include established stormwater access provisions, which may assist in streamlining future development infrastructure requirements. Key Features: • Approx. 8,094 sqm landholding • Currently leased at $330.00 per week • Flexible home layout • Multiple living zones and separate access area • Approved DA for 2-lot subdivision • Potential future 9-lot subdivision (STCA) • Development potential Whether you're looking for an immediate investment, a future development site or a large flexible residence with room to grow, 113-119 Mitchell Street delivers endless possibilities. Contact Jim O'Donoghue on 0461 441 567 today.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
8094 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Parkes over the last 12 months, the estimated median property value of 113 Mitchell St is $447.5k.

Median value
$447.5k
Estimated value range
$190k - $640k
Median days on market
41
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Parkes. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 113 Mitchell St

2026
Sold
Undisclosed
15 Jun 2026 by Jim O'Donoghue, of Ray White Central West Group
2018
Sold
Undisclosed
Private Sale/Treaty on 23 Nov 2018 by Tony Dwyer, of Parkes Real Property

Happy sellers in Parkes

89%
89% of sellers in Parkes reported that their sale price either exceeded or met their price expectations.

Parkes stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Parkes over the last 12 months.

Local market activity for 3 bedroom houses in Parkes

In the last 12 months, 108 three-bedroom houses similar to 113 Mitchell St, have been sold.

This represents a 13% decrease in three-bedroom houses sales when compared to the previous 12 months.

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