If you compare the increase in value of investment property in North Parramatta, 2151 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.08%.
North Parramatta,2151 was ranked 863 in Australia by increase in median property value over the quarter.
North Parramatta2151 is located in NSW which offers an average discount of -5.49% to property investors. North Parramatta itself is showing figures that indicate -6.49% is the average achievable by property buyers investing in the suburb.
At number 1373 in a list of fastest selling suburbs, North Parramatta is in the TOP 40% of suburbs in Australia with an average of days on market 69.66 for properties listed there.
Renters in Suburb are facing rents around $6240 per annum or $520 every week.
At number 1214th in the list of Australian suburbs ordered by increase in median house value over the last year, North Parramatta, 2151 is in the BOTTOM 40% with a property value increase of -1.46% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in North Parramatta has increased when compared to the 5 year average annual rate.
Property buyers and investors in North Parramatta 2151 should be seeing an average reduction in asking price of around -4.85% . This means that North Parramatta is holding prices well when compared to other suburbs in NSW.
The NSW suburb of North Parramatta, 2151 is in the Parramatta local government area.