PARRAMATTA 2150
State: NSWPosiProp AI Investment Summary
PARRAMATTA (NSW 2150) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.4% and has experienced a 12-month capital growth of Down -8.4%, with a median house buy price of $1,500,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$777,500
$1,451,000
$1,736,000
$1,500,000
Suburb Market Profile
Last month Parramatta had 286 properties available for rent and 264 properties for sale. Median property prices over the last year range from $1,500,000 for houses to $620,000 for units. If you are looking for an investment property, consider houses in Parramatta rent out for $700 PW with an annual rental yield of 2.4% and units rent for $670 PW with a rental yield of 5.6%. Parramatta has seen an annual compound growth rate of -8.4% for houses and 0.0% for units.