NSW2150· Pop. 35,254Parramatta

PARRAMATTA WESTFIELD

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

58

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$607,500

NSW VG · 2026

Rent yield

6.2%

computed from govt data

Annual growth

-3.6%

annualised from govt data

Vacancy rate

2.2%

modelled estimate

AI insights for PARRAMATTA WESTFIELD

Investment analysis, risks & comparisons

PREMIUM

PARRAMATTA WESTFIELD shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from NSW VG · 2026 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$720/wk

NSW Fair Trading · Apr 2026

Demand change

+5.9%

annual shift

Yield × growth index

1.3

combined signal

Net yield (est.)

2.04%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

-17.3%

est. compound, long-run avg

10-yr growth (CAGR)

+7.7%

est. compound, long-run avg

Rental demand

59 / 100

Strong demand

Supply pipeline

Est.

3.1%

new dwellings approved / stock · Modelled estimate

Moderate supply

5-year price history

2020
$618k
2021
$1567k
2022
$1358k
2023
$2109k
2024
$683k
2025
$630k
2026
$608k

Source: NSW VG · 2026 · all sources

Market overview

PARRAMATTA WESTFIELD is a metropolitan NSW suburb with moderate capital growth momentum and high rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro NSW suburb with strong infrastructure and transport
  • Strong rental yield of 6.2%
  • Access to national transport network and amenities

Risk factors

  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$2,055/wk

$97k taxable p.a.

Renters

70.4%

27.2% owner-occupier

Median age

32.0 yrs

Unemployment

3.2%

Population growth

+3.2% p.a.

Investor-owned

9.0%

of all dwellings (ATO)

Houses

51%

36% apartments

Degree qualified

37.8%

bachelor's or higher (ABS)

Work from home

25.9%

of employed residents (ABS Census)

Median lot size

530 m²

Standard block

Household size

2.4 persons

avg per dwelling (ABS Census)

Short-term rental

6.1%

Some Airbnb activity

Market activity

Distance to CBD

19.7 km

Outer suburbs

Days on market

21 days

Fast-moving market

Auction clearance

72.4%

Strong demand

Walkability

56 / 100

Very walkable

Coastal proximity

19.7 km

Coastal fringe

NBN technology

HFC

Fast — fibre to node + coaxial

Population density

2,021/km²

Dense urban

Schools in postcode 2150

🏫6 Primary🎓4 Secondary📚1 Combined
ACARA 2025

🏫Primary (6)

Parramatta Public School

Government · Yrs K-6

ICSEA 1134

Bayanami Public School

Government · Yrs K-6

ICSEA 1108

St Oliver's Primary School

Catholic · Yrs K-6

ICSEA 1100

St Patrick's Primary School

Catholic · Yrs K-6

ICSEA 1094

Parramatta East Public School

Government · Yrs K-6

ICSEA 1091

Parramatta West Public School

Government · Yrs K-6

ICSEA 1029

🎓Secondary (4)

Our Lady of Mercy College Parramatta

Independent · Yrs 7-12

ICSEA 1144

Parramatta High School

Government · Yrs 7-12

ICSEA 1132

Macarthur Girls High School

Government · Yrs 7-12

ICSEA 1071

Arthur Phillip High School

Government · Yrs 7-12

ICSEA 994

📚Combined (1)

Maronite College of the Holy Family - Parramatta

Independent · Yrs K-12

ICSEA 1023

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Safe
91/ 100

1.0 offences / 100 persons

Source: NSW BOCSAR · 2024-25

School quality

Above average
1084ICSEA · national avg 1000

11 schools in postcode area

Source: ACARA My School 2025

Transit access

Excellent
89/ 100
🚆 5 train🚃 2 tram🚌 51 bus

Source: State GTFS feeds

Gentrification signal

31

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

low

Source: State GIS flood zone data

🔥

Bushfire risk

none

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

medium

Coastal exposure + state climate

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Location

Properties in PARRAMATTA WESTFIELD

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