At number 2311th in the list of Australian suburbs ordered by increase in median house value over the last year, North Parramatta, 2151 is in the BOTTOM 50% with a property value increase of 3.16% recorded in median house prices.
The five-year average increase in median property values for North Parramatta,2151 has given property investors a potential capital gain of 74.17% across each of those five years.
At number 637th of NSW’s most discounted properties, North Parramatta is in the middle of the state/territory when listing in order of most discounted to least.
With the median price for a house in North Parramatta being $1045000 and the advertised rent reaching $515 the gross rental yield for property investors calculates out to be 2.56%
Property value increases in North Parramatta have tracked lower than the NSW average of 6.59% over the last 12 months.
Taking the average capital gain, or increase in median house value, North Parramatta,2151 has racked up an average of -1.32% over the period. This ranks it number 258th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in North Parramatta is giving property investors an average Vendor Discount of around -5.10%. This puts suburb at number 141th in NSW when ranking the most discounted suburbs.