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North Parramatta

POSTAL CODE: NSW, 2151
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NORTH PARRAMATTA ranks 1033rd in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 0.89% for the past year is lower than average compared to its 40.5% growth within a five-year period.

Also in NORTH PARRAMATTA, the median home price is sitting at $1,700,000, and the average rent at $750, this suggests property owners could potentially earn a 2.29% increase in gross rental yield.

Property investors have seen a 0% gain in NORTH PARRAMATTA based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.44% growth over a ten-year period. It ranks 2372nd on our list of suburbs that property investors should look into.

Surburb overview

North Parramatta lies approximately 24 kilometres north‑west of the Sydney central business district within the City of Parramatta local government area. 

The suburb recorded a population of 12,064 in the 2021 census, with a median age of 38 years and a demographic tilt toward adults aged 25–39, comprising 26.3% of the residents.

Around 47.4 per cent of the population were born in Australia, followed by India (8.8 per cent), China (5.0 per cent) and the Philippines (3.0 per cent); English was the only language at home for 46.9 per cent, while Arabic, Mandarin, Hindi, Cantonese and Persian were also standard.

Household income sat below the national average at $1,703 weekly compared to $1,746, while housing stock consisted mostly of flats or apartments (58.2 per cent), followed by separate houses (24.2 per cent).

About 5.7 per cent of residents used public transport to commute, and 32.8 per cent travelled by car, with a notable 43.4 per cent working from home on census day. Transport connections include Parramatta railway station, which services the T1, T2, and T5 lines, alongside frequent local buses, such as route 609, which loops via Lake Parramatta and the Parramatta Interchange.

The Parramatta Light Rail Stage 1 — L4 line — runs through North Parramatta, with stops such as Ngara, Benaud Oval, and Robin Thomas, providing improved access to Westmead, Carlingford, and the CBD. Stage 1 is scheduled to open in December 2024.

North Parramatta boasts significant green and heritage assets, including Lake Parramatta Reserve, a 73-hectare bushland remnant featuring a historic masonry dam built in 1856. The reserve is popular for swimming, walking, and picnics.

Educational facilities include Burnside Public School, Parramatta North Public School, Rexdeemer Baptist School, the RIDBC Garfield Barwick School, Tara Anglican School for Girls and The King’s School’s preparatory campus.

Heritage sites in the suburb include the Lake Parramatta Dam wall, the Parramatta Correctional Centre and St Patrick’s Cemetery.

Residents travel easily to the Parramatta CBD’s extensive shopping, medical and civic amenities, while enjoying a suburban lifestyle supported by strong transport links and substantial public open space.

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