Apartments For Sale in Parramatta
Your Local Parramatta Property Experts
Parramatta Market Overview
$680,000
Source: CoreLogic RP Data, Domain Group
4.5%
+9.2%
1.8%
$580/week
82/100
About Apartments in Parramatta
Home / Parramatta Apartments For Sale in Parramatta Your Local Parramatta Property Experts 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 11 km 20-25 minutes by train Walk Score: 82 /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 Purchase Price (AUD) Weekly Rent (AUD) Annual Expenses (AUD) 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 2 2 1 Sold Price $720,000 18 Oct 2025 Apt 607/10 Charles Street 1 1 1 Sold Price $520,000 25 Oct 2025 Unit 2103/30 Church Street 3 2 2 Sold Price $950,000 5 Nov 2025 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 Developer: Walker Corporation Completion: Q2 2026 $550,000 - $1,200,000 Register Interest Auto Alley Developer: Meriton Completion: Q4 2026 $480,000 - $980,000 Register Interest 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 Ask Our AI Assistant Expert insights about parramatta Is Parramatta good for investment? What's the rental demand like in Parramatta? How does Parramatta compare to nearby suburbs? 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. Request Free Appraisal Frequently Asked Questions About Parramatta Get expert answers to common questions about buying apartments in Parramatta Q 1 . 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 Q 2 . 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 Q 3 . 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 Q 4 . 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 Q 5 . How far is Parramatta from Sydney CBD? Parramatta is located 11km 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 Q 6 . 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 Q 7 . 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 Q 8 . What types of apartments are available in Parramatta? Parramatta offers a range of apartment types from 1-bedroom units from $476,000 to 2-bedroom apartments around $680,000 and larger 3-bedroom residences up to $952,000. Several off-the-plan developments are also available with flexible deposit structures. Price Q 9 . 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 Q 10 . 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 Q 11 . 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 Q 12 . 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 $300M+ Settled CPA Practice Licensed Real Estate Agency Est. 2001 Interested in Parramatta ? Tell us your situation and we'll send personalised Parramatta insights — property, finance, and tax strategy in one conversation. Speak With a Parramatta Specialist Our team has helped hundreds of buyers in Parramatta. Median price: $680,000. What best describes your situation? Buying my first home Ready to start Looking for an investment Exploring options Upgrading or downsizing Planning a move Need home loan advice Finance first Thinking of selling Want an appraisal Just researching Early stage
Parramatta apartment prices have grown 28% over five years, driven by major infrastructure.
Strong rental yields (4.5–4.8%) reflect deep ongoing tenant demand.
Vacancy rates remain tight, making the market competitive for quality apartments.
Young professionals and students are key demographics, supporting both rental and resale demand.
Excellent transport links and walkable amenities boost liveability but mean higher density living.
Strata fees and parking availability can vary—always check specifics before buying.
The Apartment Market in Parramatta — What the Numbers Really Tell You
In our experience advising apartment buyers, Parramatta stands out as a dynamic and fast-evolving market. Recent data shows median apartment prices hovering around $680,000, with annual growth rates of 7.8–9.2% over the past year and a strong five-year growth of 28.2%. What we've observed is that while headline growth is impressive, buyers should be aware that price gains have been fuelled by both local demand and significant infrastructure projects (like the Parramatta Square redevelopment and the new Metro West line). Rental yields remain robust, typically between 4.5% and 4.8%, indicating steady demand from renters—often young professionals and students. Vacancy rates, while tight at 1.8% (per latest page data), have fluctuated between 1.8% and 2.8%; this means competition for quality apartments can be intense, especially near transport hubs or the riverfront precincts. For buyers, this can translate to more competitive offers and the need to act decisively when a suitable property appears.
Who Lives Here & What That Means for Apartment Demand
Parramatta's population (over 32,000) skews young, with a median age of 32 and a median household income of $62,000. Many residents are professionals, students, or young families attracted by the area's employment opportunities, Western Sydney University, and proximity to major commercial precincts. What buyers we work with often notice is the cosmopolitan mix—new migrants, established professionals, and families—all contributing to a steady demand for well-located apartments, particularly those near Parramatta Station, Westfield, and riverside parks. This diverse demographic helps underpin both rental demand and future resale prospects.
Lifestyle & Transport — The Apartment Buyer's Trade-offs
Parramatta's appeal for apartment buyers often comes down to walkability (85/100) and excellent public transport (90/100), with express trains to the CBD in 20-25 minutes and the new Metro West line promising even faster connections. Buyers we’ve advised appreciate the convenience of having Westfield Parramatta, Riverside Theatres, and Eat Street all within a short stroll. The trade-off? The area’s vibrancy means higher density living and occasionally more street noise, especially close to the train station or major roads. School ratings are solid (75/100), though families may want to research catchment boundaries. Proximity to the river and green spaces like Parramatta Park adds lifestyle value and can enhance long-term appeal and resale, particularly for apartments with outlooks or balconies.
What Buyers We Work With Often Ask About Parramatta
Many buyers want to know whether Parramatta’s strong growth is sustainable. In our 26 years, we’ve seen that infrastructure investment tends to provide a buffer to downturns, though price growth can moderate as new supply comes online. Others ask about strata fees—these can vary significantly, especially in newer high-rise developments with extensive amenities. We always suggest reviewing strata records carefully for any major works or special levies.
Parking is another frequent question. While many apartments have secure parking, those closer to the station or in older buildings may not, so it’s worth checking if this is a priority. Lastly, buyers often query noise and privacy. In a busy hub like Parramatta, higher floors and river-facing apartments often provide a quieter, more serene living experience.
As always, these are general observations, not personal financial advice. Every buyer’s situation is unique—consider your long-term needs and seek professional guidance before committing.
This is general information based on patterns we've observed across 26 years of CPA and licensed real estate practice. It is not personal financial advice. Always seek professional guidance tailored to your circumstances.
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Frequently Asked Questions About Parramatta
What is the median apartment price in Parramatta?
What rental yield can I expect in Parramatta?
Is Parramatta a good suburb for first home buyers?
What is the capital growth forecast for Parramatta?
How far is Parramatta from Sydney CBD?
What are the best streets to buy in Parramatta?
Does Parramatta have good public transport?
What types of apartments are available in Parramatta?
Is Parramatta safe and family-friendly?
What are the strata fees in Parramatta?
Can I get FHBG benefits in Parramatta?
What are the school catchment zones in Parramatta?
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