Property value increases in North Parramatta have tracked close to the NSW average of 8.99% over the last 12 months.
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.
Our latest figures would indicate that property sellers in North Parramatta are currently offering property investors an average price cut of -5.01% below the asking price at the moment.
North Parramatta, 2151’s gross rental yield is 2.49%
Giving property investors a an average capital gain of 2.28% for the last year, North Parramatta, 2151 is the 986th highest performer in Australia in this respect.
A 53.42% growth in median value for property investors in North Parramatta,2151 puts this suburb at number 449th in terms of best performing suburbs in NSW
The most recent median price for North Parramatta is $560000, with sellers offering an average of -4.88% off the asking price.
At number 295 in a list of fastest selling suburbs, North Parramatta is in the TOP 30% of suburbs in Australia with an average of days on market 50.3 for properties listed there.
Property investors should expect to get $435 weekly from the median priced house in this suburb.