๐Ÿ“ฎ Peak Hill postcode: 2869

Peak Hill Median Property Value & Market Data (WA)

Peak Hill, Western Australiaยท Parkesยท 2869
Peak Hill has a median property value in line with Western Australia averagesUpdated 24 May 2026

Price Score

6.0/10

Peak Hill has a median property value in line with Western Australia averages

Key Facts

Median Price Range
$500kโ€“$750k
Suburb
Peak Hill, WA
Key Price Driver
Housing stock age and land size
Climate Risk Impact
Increasingly affects property values โ€” get a report
Postcode
6642
Highest high-risk exposure
24.7% of land (bushfire)

Median Property Value Analysis

Peak Hill in Western Australia sits within the broader property market of the region. The median property value provides a benchmark for home buyers evaluating the suburb against neighbouring areas and state averages across Western Australia. Understanding where a suburb sits in the price spectrum is a critical first step in property research.

Property values in Peak Hill are influenced by factors including location, housing stock diversity, school catchments, transport access, and increasingly climate risk exposure. The median price represents the middle point of all sales โ€” half sold for more, half for less โ€” and is the most commonly cited benchmark in Australian property market reporting. Domain and CoreLogic both publish suburb-level median price data that can be compared across Western Australia.

For buyers considering Peak Hill, the relationship between property value and climate risk is becoming increasingly important. Properties in areas with lower exposure to flood, bushfire, and extreme heat may hold value better over the long term as climate risk awareness grows among Australian home buyers.

To make an informed property decision in Peak Hill, an address-level assessment is essential. Get a complete ClimateNest report for your shortlisted property including climate risk scores, projected insurance costs, and long-term value outlook to complement your market research.

Peak Hill (postcode 6642) is tracked in ClimateNest's suburb hazard model, which maps the share of the suburb's land exposed to each hazard at high and moderate levels. The suburb's highest high-risk exposures are bushfire (24.7% of land in high-risk zones), riverine flood (5.7% of land in high-risk zones), surface flood (4.9% of land in high-risk zones). Exposure is not uniform across Peak Hill โ€” individual properties can sit well above or below these averages, so an address-level check is recommended before buying, selling or insuring.

Adaptation & Mitigation Actions

Improve Drainage Infrastructure

Near-term

Upgrade drainage systems to handle increased rainfall intensity and reduce the risk of flooding.

Est. cost: Medium

Develop Heatwave Management Plan

Immediate

Implement a plan to protect vulnerable residents during heatwaves, including cooling centers and community outreach programs.

Est. cost: Low

Promote Bushfire Preparedness

Near-term

Educate residents on bushfire safety and encourage them to prepare their properties for bushfires.

Est. cost: Low

Install Rainwater Tanks

Long-term

Encourage the installation of rainwater tanks to conserve water and reduce reliance on mains water during droughts.

Est. cost: Medium

Council & Emergency Services

Parkes Shire Council
Emergency Services

Data last updated: 24 May 2026

Explore Peak Hill Risk Reports

Frequently Asked Questions

What is the median property value in Peak Hill?

The median property value for Peak Hill in Western Australia provides a market benchmark for home buyers and sellers. For the most current median price data, consult Domain, CoreLogic, or your local real estate agent who can provide suburb-specific sales evidence and recent comparable sales. Property prices in Western Australia vary significantly by location, property type, and condition โ€” the median is a starting point, not a valuation.

How do property values in Peak Hill compare to Western Australia averages?

Peak Hill sits within the Western Australia property market. Statewide median prices in Western Australia range from $500k to $750k depending on property type and location. Consider climate risk alongside price data โ€” ClimateNest provides property-specific risk assessments for addresses across Peak Hill.

What factors affect property values in Peak Hill?

Property values in Peak Hill are driven by location, proximity to schools and transport, housing stock quality and diversity, neighbourhood amenity, market conditions, and increasingly climate risk exposure. Address-level climate risk data from ClimateNest helps buyers make informed decisions.

Does climate risk affect property values in Peak Hill?

Yes, climate risk is an increasingly important factor in property values across Australian suburbs, including Peak Hill. Properties with verified lower climate risk may attract premium pricing as buyer awareness grows. A ClimateNest report provides address-level climate risk data to inform your property valuation.

What share of Peak Hill is exposed to high bushfire risk?

ClimateNest's hazard overlay maps 24.7% of Peak Hill in high-risk zones for bushfire, with a further 58.1% in moderate-risk zones. Suburb-level exposure is not uniform โ€” individual properties can differ from these averages, so an address-level check is recommended.

Is Peak Hill Safe from Climate Risk?

Enter your address below for an instant climate risk assessment for Peak Hill, Western Australia, covering flood, bushfire, sea level rise and more.

Free instant previewCSIRO-powered data

What A$69 could save you from

$7.2B
2022 insured disaster losses*
$300B+
climate risk to property by 2050*
30-120%
insurance premium increases in high-risk areas*

*Industry sources: ICA, APRA, RBA

Full report from A$69 ยท Australian addresses only ยท 8 hazard scores ยท Insurance trajectory ยท 2030 & 2050 projections