Parkes Special Activation Precinct | Information Memorandum

PARKES AS A VALUE PROPOSITION

Parkes has an affordable, accessible housing market, with median house price of approx. $455k. Additionally, 330ha has recently been acquired by council for a major residential development, supplying approx . 2,035 new dwellings for Parkes.

Continued investment in health, education and community infrastructure underpins long-term growth, highlighted by the $72.8 million Parkes Hospital , as well as a planned library and community hub that will further elevate the town's lifestyle appeal.

Parkes Shire has a robust and diverse economy, generating approx. $900m in annual gross regional product.

Access to a population catchment of approx. 70,000 people within a 1.5 hr commute of the Parkes precinct.

12 | PARKES SPECIAL ACTIVATION PRECINCT – RELEASE 1B

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