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Parramatta suburb

Apartments For Sale in Parramatta

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Parramatta Apartments: Key Facts at a Glance

Current market data and statistics for Parramatta • Last updated December 2025

Median Apartment Price
$680,000
Source: CoreLogic RP Data
Verified Dec 2025
Annual Price Growth
+9.2%
12-month period ending Dec 2025
🔥 Strong growth
Rental Yield
4.5%
Gross yield (before expenses)
✅ Strong yield
Distance to CBD
10km
20-25 minutes by train
Walk Score: 80/100
Vacancy Rate
1.8%
Source: SQM Research Dec 2025
🔥 Very tight market
Median Rent
$580/week
For 2-bedroom apartment
$30,160/year

Data Sources: CoreLogic RP Data, Domain Group

All data is independently verified and updated monthly to ensure accuracy

Last Updated: 15 December 2025

Next Review: March 2026

Parramatta Market Overview

Data updated November 2025

Median Apartment Price

$680,000

Average Rental Yield

4.5%

Median Rent per Week

$580

Suburb Growth Rate

9.2% p.a.

Rental Yield Calculator

Gross Yield

0.00%

Annual rent / Purchase price

Net Yield

0.00%

(Annual rent - Expenses) / Purchase price

Annual Rental Income

$30,160

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

Recent Sales in Parramatta

Latest apartment sales in the Parramatta area

Unit 1205/8 Parramatta Square

Unit 1205/8 Parramatta Square

2
2
1

Sold Price

$720,000

18 Oct 2025
Apt 607/10 Charles Street

Apt 607/10 Charles Street

1
1
1

Sold Price

$520,000

25 Oct 2025
Unit 2103/30 Church Street

Unit 2103/30 Church Street

3
2
2

Sold Price

$950,000

5 Nov 2025
Apt 908/1 Phillip Street

Apt 908/1 Phillip Street

2
2
1

Sold Price

$685,000

12 Nov 2025

Off-Plan Projects in Parramatta

Upcoming developments and investment opportunities

Parramatta Square Residences

Parramatta Square Residences

Developer: Walker Corporation
Completion: Q2 2026
$550,000 - $1,200,000
Register Interest
Auto Alley

Auto Alley

Developer: Meriton
Completion: Q4 2026
$480,000 - $980,000
Register Interest
Parramatta lifestyle

Living in Parramatta

Parramatta is Sydney's second CBD and fastest-growing business district. With major infrastructure projects, new metro lines, and a thriving commercial sector, it offers exceptional investment opportunities with strong rental yields and capital growth potential.

Transport & Location

Sydney Metro West terminus, heavy rail connections to CBD in 25 minutes, extensive bus network, and major road access via M4 and Parramatta Road.

Lifestyle & Amenities

Major shopping at Westfield Parramatta, riverside dining precincts, cultural venues including Riverside Theatres, and expanding education facilities.

Investment Opportunity

Second CBD designation, major employment growth, government investment in infrastructure, and strong tenant demand make it a premier investment location.

Why Parramatta is Hot in 2025

Parramatta Square Residences by Walker Corporation - Completion Q2 2026 - $550k-$1.2M

Auto Alley by Meriton - Completion Q4 2026 - $480k-$980k

River Edge Apartments by Payce - Completion Q1 2027 - $520k-$1.1M

Maximise Your Parramatta Investment Returns

Our sister company Ding Financial specialises in property investment tax strategies, negative gearing optimization, and SMSF property acquisitions. Get expert advice on structuring your Parramatta apartment investment for maximum tax efficiency.

Speak to a Property Tax Specialist

Thinking of Selling Your Parramatta Apartment?

Ding Real Estate is our licensed NSW agency with deep local expertise in Parramatta. We achieve premium results through targeted marketing, off-market buyer networks, and expert negotiation. Get a free market appraisal today.

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Frequently Asked Questions About Parramatta

Get expert answers to common questions about buying apartments in Parramatta

Q1.What is the median apartment price in Parramatta?

The median apartment price in Parramatta is $680,000 as of Q4 2025, based on CoreLogic RP Data. This represents a +9.2% change year-over-year, making it one of the strongest growth markets in Sydney.
Price

Q2.What rental yield can I expect in Parramatta?

Rental yields in Parramatta typically range from 4.2% to 4.8%, with a median of 4.5%. This represents a balanced yield suitable for most investment strategies.
Yield

Q3.Is Parramatta a good suburb for first home buyers?

Yes, Parramatta is an excellent choice for first home buyers with median prices of $680,000, which is below Sydney's median. First home buyers may qualify for stamp duty concessions on properties under $800,000, and the area offers good lifestyle amenities and transport connections.
Investment

Q4.What is the capital growth forecast for Parramatta?

Based on recent trends and infrastructure investment, Parramatta is forecast to achieve 8.2%-11.2% annual capital growth over the next 3-5 years. This is driven by major infrastructure projects, employment growth, and strong demand fundamentals.
Investment

Q5.How far is Parramatta from Sydney CBD?

Parramatta is located 12km from Sydney CBD. Sydney Metro West terminus, heavy rail connections to CBD in 25 minutes, extensive bus network, and major road access via M4 and Parramatta Road.
Transport

Q6.What are the best streets to buy in Parramatta?

The best streets in Parramatta typically offer value for money with good access to public transport and local amenities. Look for properties within 800 meters of train/metro stations for maximum capital growth potential and rental demand.
Lifestyle

Q7.Does Parramatta have good public transport?

Parramatta offers Sydney Metro West terminus, heavy rail connections to CBD in 25 minutes, extensive bus network, and major road access via M4 and Parramatta Road.
Transport

Q8.What types of apartments are available in Parramatta?

Parramatta offers a range of apartment types from 1-bedroom units from $${Math.round(basePrice * 0.7).toLocaleString()} to 2-bedroom apartments around $${basePrice.toLocaleString()} and larger 3-bedroom residences up to $${Math.round(basePrice * 1.4).toLocaleString()}. Several off-the-plan developments are also available with flexible deposit structures.
Price

Q9.Is Parramatta safe and family-friendly?

Parramatta is a safe and welcoming suburb suitable for families, with good access to schools and parks. The area offers major shopping at westfield parramatta, riverside dining precincts, cultural venues including riverside theatres, and expanding education facilities..
Safety

Q10.What are the strata fees in Parramatta?

Strata fees in Parramatta typically range from $700 to $1,400 per quarter for a 2-bedroom apartment, depending on building amenities. Buildings with basic amenities have lower fees, while those with pools and gyms will be at the higher end of the range.
Price

Q11.Can I get FHBG benefits in Parramatta?

Yes! Many apartments in Parramatta are priced under the $800,000 threshold for full stamp duty exemption for first home buyers. Off-the-plan purchases under $800,000 also qualify for the $10,000 First Home Owner Grant.
Investment

Q12.What are the school catchment zones in Parramatta?

Parramatta is serviced by several quality schools. Parramatta has excellent school options including Parramatta Public School, Parramatta High School, and several private schools like The Kings School and Tara Anglican School for Girls. Families should verify current catchment boundaries with the NSW Department of Education.
Schools

Information Verified: December 2025 •Sources: CoreLogic RP Data, Domain Group, NSW Property Data •Next Review: March 2026

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