What Classifies A Bedroom
Parramatta
New South Wales 2150
Over 20kms from the Sydney CBD there's a second thriving business district – Parramatta.
People
There are lots of residents in Parramatta, and they tend to be younger people.
Lifestyle
Pretty much everything you need is right on your doorstep in Parramatta.
Homes
Parramatta has plenty of units on offer, together with houses of varying ages.
Parramatta has 515 properties available for rent and 269 properties for sale. Median property prices over the last year range from $1,300,000 for houses to $607,500 for units. If you are looking for an investment property, consider houses in Parramatta rent out for $475 PW with an annual rental yield of 1.9% and units rent for $420 PW with a rental yield of 3.6%. Based on five years of sales, Parramatta has seen a compound growth rate of 4.7% for houses and -1.4% for units.
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Supply and demand in Parramatta
The level of competition in a suburb can affect prices and availability.
Supply and Demand data.
Demand is calculated as the average number of visits per listing per month over the last 12 months to realestate.com.au/buy that include at least one property details page view in Parramatta, NSW 2150. Supply is calculated as the average number of property listings per month that have been viewed at least once that month on realestate.com.au/buy in Parramatta, NSW 2150 over the last 12 months.
The level of demand for individual listings varies. The data above shows the average for the suburb. realestate.com.au makes no claim about the statistical significance nor accuracy of the data. Please note: This information is based on realestate.com.au data. The purpose is to give buyers and sellers an indication of interest in properties in the suburb, based on that data. It is not a definitive representation of market supply and demand.
Latest Parramatta property listings
The lifestyles and people of Parramatta
The lifestyle of a suburb is often influenced by who lives there.
Top 3 Details
Independent Youth
46.8%
Maturing & Established Independence
17.2%
Older Independence
7.3%
17.2%
Maturing & Established Independence
6.8%
Maturing Couples & Families
5.8%
Older Couples & Families
5.2%
Established Couples & Families
17.2%
Maturing & Established Independence
6.8%
Maturing Couples & Families
5.8%
Older Couples & Families
5.2%
Established Couples & Families
About this data
Independent Youth make up the largest percentage of people living in Parramatta followed by Maturing & Established Independence and Older Independence.
The statistics above have been sourced from Mosaic demographic data that is the copyright property of Experian Australia Pty Limited (or its licensors).
Classification Details
Young Families - Families, Extended Families and Single Parents under 35
Independent Youth - Couples, Singles and Homesharers under 35
Maturing Couples & Families - Families, Couples, Extended Families and Single Parents aged 35-44
Maturing Independence - Singles and Homesharers aged 35-54
Established Couples and Families - Families, Couples, Extended Families and Single Parents aged 45-54
Older Couples & Families - Families, Couples, Extended Families and Single Parents aged 55-64
Older Independence - Singles and Homesharers aged 55-64
Elderly Families - Families, Extended Families and Single Parents 65 and over Empty Nesters - Couples 65 and over
Elderly Singles - Singles and Homesharers 65 and over
Parramatta is well-known as a business district, as well as home to passionate locals.
In Parramatta city you'll find plenty of business towers full of serious-looking ladies and gentlemen. But when work is over, there's plenty more to do.
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People in Parramatta
Paramatta, with an average age of 30, is a relatively young city. It's also very multicultural, with more than half of locals being born overseas. Parramatta residents are passionate about their sport, both playing it and barracking for local teams.
The Parramatta Lifestyle
Parramatta is home to the huge Westfield Parramatta which includes Event Cinemas. A farmers' market is held each Friday in nearby Church Street Mall, and you'll also find plenty of cafes and restaurants on the mall. Parramatta has a major train station, and is also serviced by several buses, both to the city and to other suburbs.
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Parramatta locals are passionate about their Parramatta Eels rugby team. The name 'Parramatta' (Burramatta in the language of the native Darug people) itself means 'eel waters' and refers to the eels which flock to the intersection of the Parramatta River and Port Jackson.
Parramatta Homes
Parramatta was settled at the same time as Sydney, so it has a rich history. Nowadays in terms of buildings, there's a serious overrepresentation of apartment buildings reaching into the sky.
You'll find everything from one-bedroom basic accommodation to larger apartments which can easily accommodate a family. There are some original homes and larger blocks to be found – but you'll have to fight the developers for them.
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If you want everything at your fingertips, Parramatta is the place to be. With major businesses, shopping, arts, alfresco dining, markets and an automobile precinct, you're unlikely to have to leave Parramatta at all.
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Similar places to Parramatta in
Love what Parramatta has to offer? You may also be interested in taking a look at some of the following areas.
Experian Pty Ltd classifies Australian households into one of 49 Mosaic Types based on geo-demographic segmentation. realestate.com.au calculates the composition of household Mosaic Types within each suburb, and compares this composition across suburbs to determine the similarity between suburbs. The suburbs with the most similarity to Parramatta, NSW 2150 are shown. No other factors are considered.
Mosaic data supplied by Experian Australia Pty Ltd.
Mosaic data is the copyright property of Experian Australia Pty Ltd (or its licensors).
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Source: https://neighbourhoods.resi-property.realestate.com.au/neighbourhoods/parramatta-2150-nsw
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