Free market report · Data to July 2026

Parramatta property market

Parramatta is one of the 453 council areas we track on the Australian property clock. This page is the plain-numbers read: where it sits in the cycle, who lives there, what's being built, and the suburbs inside it.

Houses · cycle position

Slowing

The Parramatta house market is still growing, but the pace has come off its fastest point. Slowing markets often keep rising for years, just less quickly.

-5% to +13%

Modelled 12-month price range

+3.1%

Modelled 12-month rent change

Units · cycle position

Growth pause

The unit market is in a growth pause. Prices are holding but momentum has flattened out, which is where patient buyers start paying attention.

-2% to +5%

Modelled 12-month price range

+3.9%

Modelled 12-month rent change

The clock measures growth momentum, not price. Peak means growing fastest, not about to fall. See Parramatta on the clock.

The people

Who lives in Parramatta.

Population · ABS estimates

279,014

People (2025)

+1.4%

Growth per year, last 5 years

Steady growth. Not a boom town, not going backwards.

Households · Census 2021

35

Median age

$2,051

Median household income per week

51% own or are paying off their home, 46% rent. A deep rental pool for landlords, and more investor competition when stock is tight.

New supply

What's being approved to build.

Building approvals are tomorrow's supply. A market where approvals are falling while population grows is a market where pressure builds. The reverse deserves caution.

Dwellings approved · ABS

FY24
2,014
FY25
3,212
FY26
2,696

319 of the latest year's approvals were houses. Approvals are trending up: more supply is coming.

Jobs and investment

Who's working, and what's being spent.

Jobs pay mortgages and rents. Government and commercial building spend is where future jobs come from: schools, hospitals, shops and factories all get approved before they get built.

Jobs · SALM, March 2026

171,032

Employed residents

2.9%

Unemployment (national 4.2%)

31,435 more residents are in work than five years ago (+22.5%). That is strong jobs growth, and it usually shows up in housing demand with a lag.

Non-residential building approved · ABS

$684m

All sectors, FY26

$208m

Public sector (government projects)

YearGovernmentAll non-residential
FY24 $328m $652m
FY25 $462m $1.3b
FY26 $208m $684m

Public building spend has eased from its recent peak. Worth checking what was just completed versus what is next. For the named projects behind these numbers, ask for the full report below.

Inside the LGA

The suburbs of Parramatta.

All 25 suburbs and localities in Parramatta

Camellia · Carlingford · Clyde · Constitution Hill · Dundas · Dundas Valley · Epping · Ermington · Harris Park · Newington · North Parramatta · North Rocks · Northmead · Oatlands · Old Toongabbie · Parramatta · Rosehill · Rydalmere · Silverwater · Sydney Olympic Park · Telopea · Toongabbie · Wentworth Point · Westmead · Winston Hills

Free · Pulled together by hand

Want the full workup on Parramatta?

This page is the public data. The full report is the licensed feed: 10 years of prices, rents and vacancy over time, days on market, demand, and the supply pipeline, for Parramatta or any suburb in it. Same data we run for clients. I pull it and email it through, usually within a business day. No charge, and no 14-part email sequence after it.

General information only, not financial or investment advice. Cycle positions and projections are modelled LGA-level figures to July 2026 (licensed market analytics). Population and approvals are ABS estimates; employment is SALM smoothed data; income, age and tenure are Census 2021. None of it can see street quality, flood maps, zoning or the contract, which is where deals are actually won and lost. Get advice on your own situation before acting.

Data finds the area. It doesn't buy the house.

We narrow 15,000 suburbs to the top 5 for each client, then find the street and the property. If Parramatta is on your list, that's a conversation worth having early.

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