NSW has seen average median house prices change by 0.62% which means that Parramatta, 2150 has done well for property investors by showing a capital gain of -31.99% over the last year
While Parramatta,2150 ranked number 1484th in NSW for increase in median house value (annualised) increase, it is ranked 933th over the last 5 years.
Advertised rents are around the $500 mark per week – giving a return of 2.93% based on the median price in Suburb
Parramatta, 2150 ranked 396th in NSW when comparing growth in median property values or capital gain over the last 12 months. Parramatta is one of 3163 in our list for NSW
Comparing Parramatta,2150 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Parramatta 2150 should be seeing an average reduction in asking price of around -6.74% . This means that Parramatta is holding prices well when compared to other suburbs in NSW.
The NSW suburb of Parramatta, 2150 is in the Parramatta (C) local government area.