Over the last year, property investments in Parramatta, 2150 have given investors a capital gain of -11.11%. This compares badly with the -4.21% for NSW as a whole.
While Parramatta,2150 ranked number 433th in NSW for increase in median house value (annualised) increase, it is ranked 829th over the last 5 years.
At number 1688 in a list of fastest selling suburbs, Parramatta is just in the top half of suburbs in Australia with an average of days on market 75.0556 for properties listed there.
The NSW suburb of Parramatta, 2150 is in the Parramatta (C) local government area.
Parramatta has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -3.88% to date .
Taking the average capital gain, or increase in median house value, Parramatta,2150 has racked up an average of -3.88% over the period. This ranks it number 1131th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Parramatta is giving property investors an average Vendor Discount of around -8.05%. This puts suburb at number 89th in NSW when ranking the most discounted suburbs.
Residents and property investors in Parramatta have been waiting around 93.132 days to sell a property.
Advertised rents are around the $490 mark per week – giving a return of 4.11% based on the median price in Suburb