Real Estate Parramatta NSW 2150

Parramatta: Historic, central, charming, busy.

Housing Market in Parramatta

Key Parramatta Metrics & Forecast to 2028

Sources: Property Listings, TORREN and Microburbs, 2002 - 2023

Field	Value	VS Sydney	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$709	Top 22%	152% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Parramatta

Parramatta Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS, BASIX and Microburbs, 2002 - 2031

Parramatta

44.8%

Sydney

33.9%

Compare
Suburbs

Field	Value	VS Sydney	Trend
Development applications	163	Top 16%	71% to Jun 2025
Developments	0.7	Bottom 30%	Data for Jul 2023
Housing Stock Quality Indicator	87.8	Top 3%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
New Dwellings	26	Top 22%	67% to Dec 2020
Number of Subdivisions	10 lots	Top 24%	23% to Aug 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Proportion of subdividable properties	Premium	Premium	Premium
Stock on Market	150	Top 1%	971% to Feb 2025

Housing Stock Quality in Parramatta

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings, BASIX and Microburbs, 2006 - 2023

Field	Value	VS Sydney	Trend
Houses	7.8%	Bottom 0%	54% to Jan 2021
Average bedrooms - all homes	2.4	Bottom 42%	2% to Jan 2021
NBN connection: fibreoptic cable to node	18.2%	Top 13%	Data for Jun 2023
Median land to asset ratio	Premium	Premium	Premium

Development Restrictions in Parramatta

Parramatta Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Parramatta

58.3%

Sydney

39.0%

Compare
Suburbs

Field	Value	VS Sydney	Trend
Total area	5.2 sq km	Bottom 42%	67% to Jan 2021
Average floor space ratio (zoning)	1.70	Top 8%	Data for Feb 2023
Environmental conservation area proportion	0.0%	Bottom 31%	Data for Jun 2023
Heritage sites	229	Top 1%	Data for Jun 2023
Residential density	142 sqm per resident	Bottom 2%	7% to Jan 2021

Risk in Parramatta

Parramatta Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Parramatta

74.3%

Sydney

64.0%

Compare
Suburbs

Field	Value	VS Sydney	Trend
% Owner Occupied	38.2%	Bottom 0%	4% to May 2023
% Rentals	61.8%	Top 1%	3% to May 2023
Housing Affordability Index	60	Top 6%	Data for Jun 2023
Median monthly mortgage	$2,130	Top 39%	15% to May 2023
Rent Affordability Index (Houses)	73	Bottom 21%	Data for Jun 2023
Rent Affordability Index (Units)	59	Bottom 4%	Data for Jun 2023
Mortgage as a percent of income	22.9%	Top 46%	14% to Jan 2021
Mortgaged Dwellings	20.0%	Bottom 7%	10% to May 2023

Housing Demand in Parramatta

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030

Parramatta

94.7%

Sydney

87.0%

Compare
Suburbs

Field	Value	VS Sydney	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	32300	Top 3%	88% to Dec 2041
Historical Population (SA3)	159000	Top 10%	48% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	329000	Top 2%	93% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Parramatta

Parramatta Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Sydney	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$661	Top 12%	174% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	45.4%	Bottom 7%	30% to Mar 2025

Accommodation Options (26)

Headline	Place	Datetime
Holiday Inn Parramatta	18- 40 Anderson St
A. Apartments In Parramatta
Absolute Waterfront Apartments	354-366 Church St
Belle Property Parramatta	19 Sorrell St
Golden Chain Parramatta City Motel	Cnr Great Western Hwy and Marsden St

Realtors (43)

Headline	Place	Datetime
Barry Ison Real Estate	91 Phillip St
Bawdens Industrial	Level 2, Suite 201, 18-20 Ross Street
Bramall Warwick G Pty Ltd	95 Phillip St
Cb Richard Ellis	L 5 10 Smith St
Khoury & Partners	Level 5/60 Macquarie St

Planning Applications: Other (73)

Headline	Place	Date
Section 4.55(1A) modification to the approved mixed use building approved under DA/480/2018, specifically the addition of fixed glass louvres to Level 1 of the north eastern façade of the podium above the commercial tenancies. - Parramatta City Council DA/480/2018/Y	180 George Street, Parramatta NSW 2150	05 Mar 2025
Liquor licence transfer - with licensee consent - hotel - NSW Independent Liquor and Gaming Authority SR0001370164	74 Church St, Parramatta NSW 2150	05 Mar 2025
Liquor licence transfer - with licensee consent - hotel - NSW Independent Liquor and Gaming Authority SR0001368317	George St, Parramatta NSW 2150	05 Mar 2025
Demolition of existing buildings, tree removal and construction of a three-storey centre-based child care over basement parking. - Parramatta City Council DA/105/2025	55 Thomas Street, Parramatta NSW 2150	03 Mar 2025
Proposed internal alterations and racking to existing retail tenancy (excluding shopfront) JB Hi-Fi. This Modified Approval pertains to shropfront works only. - Parramatta City Council CD/819/2024/A	171 Church Street, Parramatta NSW 2150	27 Feb 2025

Planning Applications: Dwellings (27)

Headline	Place	Date
Demolition of existing buildings, tree removal and construction of a three-storey centre-based child care over basement parking. - Parramatta City Council DA/105/2025	55 Thomas Street, Parramatta NSW 2150	03 Mar 2025
Section 4.55(1A) Modification to DA/852/2013 seeking to alter car parking arrangements for the site including the removal of residential vehicular access (other than for the loading dock) from Macquarie Street, seeks approval for the prospective use of the basement levels 4-6, decreases the number of residential parking spaces to 348 and increases the number of public parking spaces to 932. - Parramatta City Council DA/852/2013/C	189 Macquarie Street, Parramatta NSW 2150	03 Mar 2025
Section 4.55(1A) Modification to DA/356/2020 seeking Construction of a permanent groundwater dewatering system for the onsite reuse of treated groundwater for irrigation of landscaping and toilet flushing, with any surplus water being discharged to Clay Cliff Creek. The modifications seek amendments to condition 1 and the deletion of condition 3. - Parramatta City Council DA/356/2020/B	189 Macquarie Street, Parramatta NSW 2150	03 Mar 2025
Section 4.55(1A) modification of DA/279/2019 for demolition, tree removal, lot consolidation and construction of a four (4) storey residential flat building under the provisions of State Environmental Planning Policy (Affordable Rental Housing) 2009 comprising 16 units with basement parking. The proposal is identified as Crown Development. Modifications include a change to the housing tenure from 100% social housing to a mix of affordable and market rental housing; amendments to the landscape design; modification of external building materials; alterations to the basement layout; modification to Unit 1 to install a vent riser; relocation of hot water systems for Units 2, 6 & 10; and changes to the roof plan. - Parramatta City Council CC/58/2025	8 Collett Parade, Parramatta NSW 2150	24 Feb 2025
Section 4.55(1A) modification to approved mixed-use tower development, specifically to extend a trial period previously imposed for construction hours. - Parramatta City Council DA/1066/2016/Q	8 Phillip Street, Parramatta NSW 2150	22 Feb 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Parramatta

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
10 May 2024	$460,000	Pitt St
10 May 2024	$532,000	Queens Ave
10 May 2024	$541,500	Pennant St
10 May 2024	$850,000	Phillip St
10 May 2024	$5,500,000	Marion St

Median House Rental Prices by Street (41)

Level_0	Street	Date	Median rent (per week)
85470	George St	13 Mar 2025	$725
85371	Dixon St	13 Mar 2025	$710
85391	Early St	13 Mar 2025	$555
85582	Hunter St	13 Mar 2025	$755
85590	Irving St	13 Mar 2025	$705

Businesses (94)

Name	Address
Briggolas Constructions	18/20 Ross St, Parramatta NSW 2150, Australia
Fidem Property + Construction	Suite 4, Level 1, 19/21 Wentworth St, Parramatta NSW 2150, Australia
Lords Group	level 7/80 George St, Parramatta NSW 2150, Australia
St George Building Pty Ltd	103/5 Victoria Rd, Parramatta NSW 2150, Australia
Developcorp Pty Ltd	2/5-9 Hunter St, Parramatta NSW 2150, Australia

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
41.0%	King St	very tightly held	Every 24.4 years (very tightly held)	2025
43.9%	Valentine Ave	very tightly held	Every 22.8 years (very tightly held)	2025
71.8%	Macarthur St	average turnover	Every 13.9 years (average turnover)	2025
81.8%	Marion St	average turnover	Every 12.2 years (average turnover)	2025
57.1%	Oak St	quite tightly held	Every 17.5 years (quite tightly held)	2025

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Crimea St	10 May 2024	$1,600,000
Gore St	10 May 2024	$1,430,000
Hassall St	10 May 2024	$1,315,000
King St	10 May 2024	$802,500
Morton St	10 May 2024	$950,000

Percent of Renters by Street (100)

Percent of Renters	Street
66.8%	Young St
45.4%	Aird St
73.3%	Albert St
45.1%	Alfred St
37.5%	Alma St

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
84 Crimea St	$2,170,000	5.0	3.0	2.0	28 Feb 2025	On Market
100 Crimea St	$1,200,000	3.0	2.0	1.0	22 Feb 2025	On Market
Unit 9, 16-20 Grandview St	$1,113,000	3.0	2.0	2.0	01 Feb 2025	On Market
18 Glebe St	Price Withheld	3.0	1.0	2.0	10 Jan 2025	On Market
18 Glebe St	$1,850,000	3.0	1.0	1.0	10 Jan 2025	On Market

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 606, 88 Church St	$690	1.0	1.0	1.0	11 Mar 2025
Unit 5505, 1a Morton St	$850	3.0	2.0	2.0	11 Mar 2025
Unit 8, 68 Macarthur St	$850	3.0	2.0	1.0	11 Mar 2025
Unit 27, 150 Marsden St	$610	2.0	2.0	1.0	11 Mar 2025
Unit 309, 88 Church St	$660	1.0	1.0	0.0	10 Mar 2025

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 113, 18 Sorrell St	$650	2	2	1	04 Mar 2025
Unit 113, 18 Sorrell St	$650	2	2	1	04 Mar 2025
Unit 113, 18 Sorrell St	$650	2	2	1	04 Mar 2025
11 Pemberton St	$810	3	1	1	28 Feb 2025
Unit 15, 35 Victoria Rd	$750	3	1	3	24 Feb 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 701, 31-37 Hassall St	$860,000	3.0	2.0	3.0	10 Mar 2025	On Market
Unit 23, 21 Sorrell St	Price Withheld	2.0	2.0	1.0	07 Mar 2025	On Market
Unit 608b, 3 Broughton St	$620,000	2.0	1.0	1.0	07 Mar 2025	On Market
Unit 23, 21 Sorrell St	Price Withheld	2.0	2.0	1.0	07 Mar 2025	On Market
Unit 25, 21-23 Grose St	Price Withheld	2.0	2.0	1.0	07 Mar 2025	On Market

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