★Est. 2001• 25 Years|Licensed Real Estate Agency
Western Sydney11km to CBD
Apartments For Sale in Parramatta
Your Local Parramatta Property Experts
Parramatta Market Overview
Median Apartment Price
$680,000
Source: CoreLogic RP Data, Domain Group
Rental Yield
4.5%
Annual Growth
+9.2%
Vacancy Rate
1.8%
Median Rent
$580/week
Walk Score
82/100
Frequently Asked Questions About Parramatta
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.
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.
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.
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.
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.
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.
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.
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.
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..
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.
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.
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.
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