If you compare the increase in value of investment property in Parramatta, 2150 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -14.27%.
If we look at median property appreciation over just the last three months, Parramatta has given property investors a paper return of -6.70%. This puts Suburb as 1302 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Parramatta 2150 should be seeing an average reduction in asking price of around -1.56% . This means that Parramatta is holding prices well when compared to other suburbs in NSW.
Property investors should expect to get $480 weekly from the median priced house in this suburb.
Giving property investors a a poor capital gain of -5.65% for the last year, Parramatta, 2150 is the 1430th highest performer in Australia in this respect.
Across a shorter period, Parramatta, 2150 has seen a median price increase of -1.68% over the last quarter.
The most recent median price for Parramatta is $585000, with sellers offering an average of -5.20% off the asking price.
Situated 15.54km from the CBD, Parramatta is one of Parramatta localities in the postcode 2150.