Back to Suburb Insights
North Parramatta Suburb Insights
VICLocation Information
Suburb Name
North Parramatta, VIC
Distance from CBD
6.3 kmDemographics
Population
13,248
Median Income
$37,908
Area Information
Area
5.24 km²
Population Density
2528 people/km²
Property Market
Median Price
$718,095
Annual Growth
+13.8%Property Price Trend Analysis
Current Median Price
$718,095
Annual Growth
+13.8%
Quarterly Growth
+2.3%
Price Trends - Last 6 Months
2024-01
$579,205
+10.2%2024-02
$844,811
+7.8%2024-03
$869,818
+10.4%2024-04
$1,151,607
+11.9%2024-05
$1,072,902
+18.4%2024-06
$732,865
+18.2%Property Type Price Analysis
House
Median Price
$1,655,500
Growth Rate
+14.1%Available Listings
309 properties
Apartment
Median Price
$583,251
Growth Rate
+17%Available Listings
409 properties
Townhouse
Median Price
$878,632
Growth Rate
+12.3%Available Listings
246 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy