Parramatta NSW 2150

Here you can find what you need to know about Parramatta, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.2m Median Sale Price (National Average $485k) 336th In NSW
4.28% Median Price Change (1 yr) (National Average 4.30%) 724th In NSW
$520pw Median Rent (National Average $395) 501st In NSW
2.3% Median Gross Yield (National Average 4.24%) 1095th In NSW
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Properties sold 25
Average discounting -15.55%
Average Days on Market 105
Stock on Market 16 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Parramatta, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Parramatta, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Parramatta, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Parramatta


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Latest Auction Results for Parramatta as at 16 September 2018

Property Details
Sale Price
4Bed / 1Bath / Car / House
-
3Bed / 2Bath / 1Car / Unit
Passed In
3Bed / 1Bath / 1Car / House
$920,000
2Bed / 2Bath / Car / Unit
-

State Auction Clearance Rates - September 2018

Auctions Clearance rate
NSW 669 49%
ACT 76 65%
NT 9 43%
QLD 142 45%
SA 81 53%
TAS 4 33%
VIC 988 54%
WA 23 41%

Local Schools


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Suburb Information

Parramatta, NSW 2150

Part of: Parramatta Council No data available

The size of Parramatta is approximately 5.5 square kilometres. It has 24 parks covering nearly 18.7% of total area. The population of Parramatta in 2011 was 19,744 people. By 2016 the population was 25,788 showing a population growth of 30.6% in the area during that time. The predominant age group in Parramatta is 30-39 years. Households in Parramatta are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parramatta work in a professional occupation. In 2011, 35.9% of the homes in Parramatta were owner-occupied compared with 28.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Parramatta

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Parramatta   for Houses in last 12 months


There have been 25 Houses sold in Parramatta in the past 12 months with a median sale price of $1.1M, up 4.28% annually. It takes on average 105 days to sell with vendor discounting of -15.55%.

Streets in Parramatta


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