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New Apartments in Parramatta

Second CBD Boom – Apartments from $650k

Parramatta, Sydney
Median: $835k
Yield: 5.5%

Why New Apartments in Parramatta?

Metro West + Light Rail supercharging growth.

Parramatta is particularly well-suited for buyers seeking new apartments due to its strong market fundamentals, premium positioning, and excellent rental yields.

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Key Benefits

Brand new with 6-year builder warranty
Modern finishes and appliances
Smart home technology ready
No immediate maintenance required
Energy-efficient design
Move-in ready with fresh appeal

Market Insights

New apartments in Sydney command 8-12% rental premiums over equivalent older stock due to modern finishes, energy efficiency, and low maintenance appeal to quality tenants.

Buildings completed in the past 2 years benefit from updated building codes including improved waterproofing, fire safety, and acoustic standards compared to older developments.

Buyers of new apartments avoid the "renovation trap" common in older buildings, with warranty coverage providing peace of mind for 6+ years on structural and major defects.

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Similar New Apartments in Nearby Suburbs

Zetland

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Median: $1080k5.2% yield

Waterloo

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Median: $990k5.1% yield

Rosebery

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Median: $1010k4.9% yield

Alexandria

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Median: $995k5.0% yield

Mascot

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Median: $965k5.3% yield

Ready to Find Your Perfect Apartment?

Get expert advice on new apartments in Parramatta from Ding Real Estate.

Call +61 2 8338 8900