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	$713	Top 30%	142% to Mar 2026
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

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	158	Top 1%	953% to Mar 2026

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

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

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

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
Capital Growth Forecast: Units	Premium	Premium	Premium
Capital Growth Forecast: Units (2-Year Outlook)	Premium	Premium	Premium
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$672	Top 15%	166% to Mar 2026
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	38.9%	Bottom 8%	40% to Mar 2026

Accommodation Options (25)

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
Ausland Property Group	Suite 10
Barnsdale Pty Ltd
Barry Ison Real Estate	91 Phillip St
Bawdens Industrial	Level 2, Suite 201, 18-20 Ross Street
Belroy	Level 3 85 George St

Median House Rental Prices by Street (33)

Level_0	Street	Date	Median rent (per week)
54150	Fennell St	27 Mar 2026	$651
54180	George St	27 Mar 2026	$588
54119	Early St	27 Mar 2026	$568
54194	Gore St	27 Mar 2026	$781
54278	Irving St	27 Mar 2026	$634

Median House Sale Prices by Street (22)

Street	Date	Median sale value
Broughton St	27 Mar 2026	$1,539,000
Carrington St	27 Mar 2026	$2,018,000
Crimea St	27 Mar 2026	$2,106,000
Dixon St	27 Mar 2026	$1,592,000
Fennell St	27 Mar 2026	$2,200,000

Planning Applications: Other (67)

Headline	Place	Date
Change of use of Levels 16 and 17 from office premises to an educational establishment (University of NSW). - Parramatta City Council DA/131/2026	32 Smith Street, Parramatta NSW 2150	06 Mar 2026
Section 4.55(1A) modification to DA/540/2019 for the change of use of an existing commercial premises to a pizza shop with associated internal fitout and signage in a Heritage listed item. The amendments include increase size of existing kitchen cool room and internal refurbishment to wall and floor coverings. No changes to exterior or existing external signage. - Parramatta City Council DA/540/2019/A	1/46 Macquarie Street, Parramatta NSW 2150	27 Feb 2026
1 x 3695 x 555 high External illuminated under awning sign – New 400mm high Green tint vinyl applied to existing glazing (high level only) – New 500mm high vinyl graphic to existing shopfront glazing and panel to glass balustrading to adjacent outdoor seating. - Parramatta City Council DA/113/2026	2 Civic Place, Parramatta NSW 2150	26 Feb 2026
Internal alterations to existing commercial office - Level 47 - Parramatta City Council CD/160/2026	10 Darcy Street, Parramatta NSW 2150	24 Feb 2026
Internal alteration and use to Shop 4 as a food and drink premises - Parramatta City Council CD/155/2026	16 Macquarie Street, Parramatta NSW 2150	23 Feb 2026

Planning Applications: Dwellings (33)

Headline	Place	Date
Stage 2 - Construction of a 5-storey Boarding House containing 38 rooms and a manager’s room with at grade car parking, but excluding previously approved Stage 1 works. Note: Stage 1 approval for construction of ground floor slab, ground floor columns/walls and partial slab of level 1, issued by AED Group dated 14.3.2025. - Parramatta City Council CC/80/2025/1	2 O'Reilly Street, Parramatta NSW 2150	10 Feb 2026
Demolition and construction of a 4-storey residential flat building comprising 5 units with basement parking for 10 vehicles. Section 4.55(1A) Modification to DA/719/2020 for the demolition and construction of a 4-storey residential flat building comprising 5 units with basement parking for 10 vehicles. The modification includes changing the wording of Deferred commencement condition #1 which states ‘the creation of an easement to drain water 1 metre wide over a downstream property or properties’ to be changed to allow for a variable width easement in some areas due to existing structures on neighbouring land. Section 4.55(1A) modification of DA/719/2020 for demolition and construction of a 4-storey residential flat building comprising 5 units with basement parking for 10 vehicles. Modifications include to amend the driveway, fire service pump on basement, relocation of garbage enclosure, amendment to planter box over driveway, storage room on ground level, addition of privacy screens and amend condition 10. - Parramatta City Council CC/22/2026	34 MacArthur Street, Parramatta NSW 2150	09 Feb 2026
Lot consolidation, demolition, tree removal and construction of a mixed-use development over basement parking, including two affordable units pursuant to State Environmental Planning Policy (Housing) 2021. - Parramatta City Council DA/58/2026	1 New Zealand Street, Parramatta NSW 2150	05 Feb 2026
Alterations & Additions to a Dwelling - Including Window in Shower Performance Solution, Title: Performance Based Design Brief - Window in Shower, Ref No. WIR-3402, Rev: (00) prepared by Waterproofing Integrity, Dated 23/01/2026) Include Waterproofing Performance Solution - Window In Shower Performance Solution, Title: Final Performance Solution Report- window in shower, Ref No. Wir-3402, Rev: (00) Prepared By Waterproofing Integrity, Dated 23/01/2026) - Parramatta City Council CD/397/2024/A	8 Young Street, Parramatta NSW 2150	30 Jan 2026
Demolition of existing structures. Construction of a dual occupancy development with attached garages. Holroyd DA = 327/2015. CC/563/2016 (private certifier registered under CoP). DA number has been created for the purpose of 88E Application. - Parramatta City Council DA/37/2026	216 Railway Street, Parramatta NSW 2150	28 Jan 2026

LGA Details (1)

Headline	Place	Datetime
Local government area	Parramatta

Median Unit Sale Prices by Street (46)

Date	Median sale value	Street
27 Mar 2026	$672,800	Aird St
27 Mar 2026	$645,800	Amos St
27 Mar 2026	$651,200	Betts St
27 Mar 2026	$718,800	Broughton St
27 Mar 2026	$564,000	Campbell St

Percent of Renters by Street (100)

Percent of Renters	Street
64.2%	Boundary St
47.4%	Aird St
36.3%	Aird Street
94.8%	Banks St
91.4%	Banks Street

Businesses (95)

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
54.8%	Campbell St	quite tightly held	Every 18.3 years (quite tightly held)	2026
50.0%	Bobart St	very tightly held	Every 20.0 years (very tightly held)	2026
54.5%	Villiers St	quite tightly held	Every 18.3 years (quite tightly held)	2026
33.6%	Betts St	very tightly held	Every 29.8 years (very tightly held)	2026
51.9%	Railway St	quite tightly held	Every 19.3 years (quite tightly held)	2026

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
25 Lansdowne St	Price Withheld	3.0	1.0	2.0	16 Dec 2025	On Market
114 Thomas St	Price Withheld	3.0	2.0	1.0	13 Dec 2025	On Market
114 Thomas St	$1,360,000	3.0	2.0	1.0	13 Dec 2025	On Market
7a Irving St	Price Withheld			2.0	09 Dec 2025	On Market
7a Irving St	Price Withheld	5.0	3.0	2.0	09 Dec 2025	On Market

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 1105, 12 Phillip St	$900	2.0	2.0	1.0	05 Feb 2026
Unit 144b, 109-113 George St	$490		1.0		05 Feb 2026
Unit 1105, 12 Phillip St	$900	2.0	2.0	1.0	05 Feb 2026
Unit 7, 67-71 Great Western Hwy	$480	2.0	1.0	1.0	05 Feb 2026
Unit 7, 67-71 Great Western Hwy	$480	2.0	1.0	1.0	05 Feb 2026

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
6 Collett Pde	$850	4	1	1	04 Feb 2026
Unit 13m, 15 Campbell St	$650	2	1	1	30 Jan 2026
Unit 13m, 15 Campbell St	$650	2	1	1	30 Jan 2026
Unit 13m, 15 Campbell St	$650	2	1	1	30 Jan 2026
Unit 13m, 15 Campbell St	$650	2	1	1	30 Jan 2026

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 18, 6 Sorrell St	$595,000	2.0	2.0	1.0	06 Feb 2026	On Market
Unit 18, 6 Sorrell St	$595,000	2.0	2.0	1.0	06 Feb 2026	On Market
Unit 3, 34a Fennell St	$756,000	2.0	2.0	1.0	04 Feb 2026	On Market
Unit 3, 34a Fennell St	$756,000	2.0	2.0	1.0	04 Feb 2026	On Market
Unit 133, 2 Morton St	$520,000	1.0	1.0	1.0	03 Feb 2026	On Market

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