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Investment Property Parramatta, NSW, 2150

Suburb Snapshot

Parramatta is a suburb in the Parramatta Region of New South Wales. Parramatta has a population of 25,793 people and 59.44% of its occupants live in rental accommodation. The median listing price for houses is $1,425,000 and this has changed 11.76% over the past year and changed 7.95% over 2 years.

The median rent in Parramatta for houses is $680 per week and the median rental yield is 2.48%. Stock on the market for houses/townhouses has changed 41.67% compared to last year and the average time to sell a house/townhouse is 109 days.The median listing price for units is $599,000 and this has changed -1.00% over the past year. The average unit takes 158 days to sell and the median rent for a unit in Parramatta is $630 per week, producing a rental yield of 5.46%.

Supply & Demand in Parramatta, Parramatta

2.65%

Current vacancy rate


408

Rental stock available


25,793

Population


59.44%

Rental population


1.64%

Current vacancy rate


1,829

Rental stock available


226,155

Population


37.68%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Parramatta, Parramatta

  House Townhouses Units
Median listing price $1,425,000 $900,000 $599,000
Median price change - last quarter 0.00% 4.76% -2.44%
Median price change - 1 year 11.76% -5.22% -1.00%
Median price change - 2 years 7.95% 8.43% 1.52%
  House Townhouses Units
Median weekly rent $680 $700 $630
Median yield % 2.48% 4.04% 5.46%
Median rent change - 1 year 4.61% 3.70% 5.00%
  House Units
Previous month sales 8 44
Stock on market previous month 17 448
Stock variance vs. last year 41.67% 18.83%
Average days on market 109 158

Parramatta investment property listings

Showing 1 of 1 investment properties found in Parramatta on realestateinvestar.com.au

18/4 Peace Lane, PARRAMATTA

$575,000

property pic

VALUE-PACKED UNIT

We are pleased to present 18/4 Peace Lane, Parramatta by award winning agents Vedant Agrawal and Nakul Raval. Set in a peaceful and established neighbourhood, this location is perfect for those seeking both comfort and practicality. Daily errands are made easy with shopping centres, grocers, and ...

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NSW 2150


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