Property market
Median House Price
$1.10M
Median Unit Price
$520k
Days on Market (Houses)
28
days
Clearance Rate
6200%
Price History
| Year | House Median | Growth | Unit Median | Growth |
|---|---|---|---|---|
| 2019 | $830k | +5.1% | $459k | +2.0% |
| 2020 | $870k | +4.2% | $469k | +2.4% |
| 2021 | $912k | +5.5% | $479k | +2.1% |
| 2022 | $956k | +4.6% | $489k | +1.9% |
| 2023 | $1.00M | +4.0% | $499k | +1.9% |
| 2024 | $1.05M | +4.6% | $509k | +2.2% |
| 2025 | $1.10M | +3.9% | $520k | +2.1% |
Demographics
Population & Age
Total Population
30,000
Median Age
32
Income & Employment
Household Income (wk)
1,650 $/wk
Household Composition
Avg Household Size
2.4
Owner Occupied
28.0%
Renting
62.0%
Education & Diversity
Bachelor Degree+
42.0%
Born Overseas
65.0%
Separate House
15.0%
Flat/Apartment
70.0%
Schools
| School | Type | Level | ICSEA | NAPLAN Reading | NAPLAN Numeracy | Quality | Distance |
|---|---|---|---|---|---|---|---|
Parramatta High School Catchment | government | secondary | 1020 | 520 | 530 | Good | 1.6 km |
Transport
Parramatta
train
Lifestyle & Amenities
Walkability
75/100
Safety
62/100
Green Space
12/100
Lifestyle
68/100
Investment Analysis
Investment Score
78
out of 100
Rental Yield
Houses: 3.5%
Units: 5.2%
Buyer Demand
72
demand index (0-100)
Weekly Rent
Houses
$650/wk
Units
$480/wk
AI Insights for Parramatta
About Parramatta
Parramatta sits at the geographic and economic centre of Greater Sydney. The Parramatta Light Rail, Western Sydney Metro, and billions in commercial development are transforming this historic city into a true second CBD. With Westfield, world-class dining on Church Street, the heritage-listed Old Government House, and proximity to Olympic Park, Parramatta offers a compelling mix of urban amenity and growth potential. Investors are drawn by strong rental yields and the largest infrastructure pipeline in Sydney.
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