Parramatta
Property profile for Parramatta, Sydney. Median prices and property calculators.
Median Prices
Median House Price
$1,400,000
Approximate median for Parramatta, Sydney
Median Unit Price
$620,000
Approximate median for Parramatta, Sydney
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Estimated Stamp Duty
$71,000
On median house price of $1,400,000
Estimated Monthly Mortgage
$6,860
80% LVR, 6.2% rate, 30yr P&I
Estimated Deposit Needed
$280,000
20% of median house price
Estimates are approximate and based on the median house price. Use our calculators for exact figures.
About Parramatta
Parramatta is Sydney's second CBD and the geographic heart of Greater Sydney, located roughly 24 kilometres west of the main CBD. The suburb serves as a major commercial and administrative hub for western Sydney, with a rapidly evolving skyline of modern apartment towers and office buildings alongside older residential streets of freestanding houses. Parramatta's dining scene thrives along Church Street and Eat Street, offering cuisines from around the world. The heritage-listed Parramatta Park, a former Government House estate, provides extensive green space along the banks of the Parramatta River. Transport connections are excellent, with Parramatta station serving the T1 and T2 train lines, the new Parramatta Light Rail, and multiple bus routes connecting to every corner of western Sydney. The upcoming Sydney Metro West line will further reduce travel times to the CBD. Parramatta appeals to a wide range of residents including young professionals drawn by corporate offices, families attracted by quality schools and parks, and investors capitalising on the suburb's ongoing urban renewal and strong rental demand.