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Parramatta suburb

Second CBD Boom – Apartments from $650k

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Parramatta Market Overview

Data updated November 2025

Median Apartment Price

$835,000

Average Rental Yield

5.5%

Median Rent per Week

$883

Suburb Growth Rate

8.5% p.a.

Parramatta Community Profile

Comprehensive demographic insights from official sources

Population

31,819

+2.5% annually

Median Age

31 years

72% singles & couples, 28% families

Household Income

$85k-$110k

Annual (typical range)

Education

48% hold Bachelor's degree or higher

Tertiary qualified

Cultural Diversity

Top Ancestries:

English
Chinese
Australian

Transport

Walkability Score

95/100

Green Square Station, Light Rail, frequent buses

Safety

Low crime

16% below Sydney average

Nearby Schools

Green Square School

Public•★ 4.5

Alexandria Park Community School

Public•★ 4.2
Data source: profile.id.com.au, ABS Census 2021

Rental Yield Calculator

Gross Yield

0.00%

Annual rent / Purchase price

Net Yield

0.00%

(Annual rent - Expenses) / Purchase price

Annual Rental Income

$45,916

* This calculator provides estimates only. Actual returns may vary. Consult with a property investment advisor for personalized advice.

Parramatta lifestyle

Living in Parramatta

Metro West + Light Rail supercharging growth.

Transport & Location

Excellent public transport access with train station and regular bus services to Sydney CBD and surrounding areas.

Lifestyle & Amenities

Shopping centres, supermarkets, cafes, restaurants, parks, schools, and medical facilities all within easy reach.

Investment Opportunity

Strong rental demand from diverse tenant base with solid capital growth prospects in established Sydney location.

Why Parramatta is Hot in 2025

Parramatta Square Tower

Escen on Church

8 Phillip St

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