Parramatta NSW 2150 — House Prices, Rent & Suburb Profile
Parramatta is a suburb in New South Wales (postcode 2150). The median sale price is $628k (+20% since 2010). The median weekly rent is $680/week, a gross rental yield of about 5.6%. It has a population of about 30,211 (ABS Census 2021).
Median sale price trend
| Year | Median sale price |
|---|---|
| 2021 | $643,250 |
| 2022 | $990,000 |
| 2023 | $1,190,000 |
| 2024 | $667,000 |
| 2025 | $613,000 |
| 2026 | $627,500 |
Source: NSW Valuer General bulk property sales. Medians shown only where there are enough sales.
Median weekly rent by bedrooms
| Bedrooms | Median weekly rent |
|---|---|
| Studio | $270 |
| 1-bedroom | $618 |
| 2-bedroom | $690 |
| 3-bedroom | $900 |
Postcode-level median (all property types). Source: NSW DCJ rental bonds.
Housing mix
Predominantly apartment (93% of recorded sales).
Demographics (ABS Census 2021)
- Population: 30,211
- Median age: 32
- Median weekly household income: $2,092
- Average household size: 2.4
Socio-economic profile (ABS SEIFA 2021)
- IRSAD (relative advantage/disadvantage): score 1065 · 89th percentile in Australia
- IEO (education & occupation): score 1116 · 96th percentile
Higher score = relatively more advantaged. This is a socio-economic index, not a measure of school or teaching quality. Source: ABS SEIFA 2021 (CC BY).
Schools in Parramatta
- Arthur Phillip High School · Secondary School
- Parramatta High School · Secondary School
- Macarthur Girls High School · Secondary School
- Parramatta West Public School · Primary School
- Parramatta Public School · Primary School
- Bayanami Public School · Primary School
- Secondary College of Languages · Other School
Schools located within the suburb boundary. For catchments and results, see the official My School / NSW sources.
Transport
Nearest station: Parramatta Square Light Rail (lightrail), about 0.2 km from the suburb centre.
Land value
Median land value: $1,365,000 (2025 base year). This is land value, not market sale price. Source: NSW Valuer General (CC BY).
Frequently asked questions
What is the median house price in Parramatta?
The median sale price in Parramatta NSW 2150 is $627,500, up 20% since 2010. Based on NSW Valuer General sales data.
What is the average weekly rent in Parramatta?
The median weekly rent in Parramatta (postcode 2150) is $680 per week. Source: NSW DCJ rental bonds.
What is the rental yield in Parramatta?
The estimated gross rental yield in Parramatta is about 5.6%, based on the median weekly rent relative to the median sale price.
What schools are in Parramatta?
Schools located in Parramatta include Arthur Phillip High School, Parramatta High School, Macarthur Girls High School, Parramatta West Public School, Parramatta Public School.
Nearby suburbs
- Mays Hill 2145
- Harris Park 2150
- Dundas 2117
- Oatlands 2117
- Westmead 2145
- Rydalmere 2116
- Rosehill 2142
- North Parramatta 2151
Explore house prices & rent in suburbs near Parramatta. Browse all NSW suburbs →
Prices, rents, school zones, land values and zoning across NSW.
Data: NSW Valuer General (sales & land value), NSW DCJ (rents), ABS Census & SEIFA 2021, TfNSW (transport). Figures are medians and estimates for general information only, not valuations or advice.