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Investment Property Parramatta, NSW

Region Snapshot

Parramatta is a region in New South Wales, Australia. Parramatta has a population of 226,155 people and 37.68% of its occupants live in rental accommodation. The median listing price for houses is $1,715,000 and this has changed 14.33% over the past year and changed 14.33% over 2 years.

The median rent in for houses is $720 per week and the median rental yield is 2.18%. Stock on the market for houses/townhouses has changed 18.82% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $639,000 and this has changed 3.06% over the past year. The average unit takes NA days to sell and the median rent for a unit in Parramatta is $630 per week, producing a rental yield of 5.12%.

Supply & Demand in Parramatta

2.11%

Current vacancy rate


2,326

Rental stock available


226,155

Population


37.68%

Rental population


1.22%

Current vacancy rate


43,981

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Parramatta

  House Townhouses Units
Median listing price $1,715,000 $1,100,000 $639,000
Median price change - last quarter 1.19% 0.00% 0.00%
Median price change - 1 year 14.33% 4.76% 3.06%
Median price change - 2 years 14.33% 15.78% 1.42%
  House Townhouses Units
Median weekly rent $720 $720 $630
Median yield % 2.18% 3.40% 5.12%
Median rent change - 1 year 10.76% 10.76% 14.54%
  House Units
Previous month sales 148 227
Stock on market previous month 442 1,582
Stock variance vs. last year 18.82% 20.76%
Average days on market NA NA

Parramatta investment property listings

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