Paramatta Suburb
INTRO
Best known as Sydney’s second CBD, Parramatta NSW 2150 is a suburb of Western Sydney, located approximately 25 km from the Sydney CBD and is a key region within Greater Western Sydney.
Home to over 30,000 people as of the last census, Parramatta is rapidly transforming into a buzzing metropolitan hub with a vibrant culinary, retail and creative scene powered by booming commerce, education, leisure and infrastructure investment.
With major growth expected within the next few years, Parramatta is a desirable destination where everything you need to live well is on your doorstep.
THE BEST OF PARAMATTA
Located in the Great Western Sydney, 25 km west of Sydney CBD, Parramatta is the geographical centre of the entire Sydney Region.
With an extensive train network and multiple Sydney Train lines, Paramatta is well connected to all parts of Sydney. With an express train, you can arrive in Sydney CBD in less than 30 minutes. There are frequent bus services to the Hills District and Norwest Business Park, as well as Parramatta ferry service down Parramatta River.
The public transport throughout Parramatta is expected to improve dramatically in the future with the new metro and the Parramatta Light Rail project.
Having an exciting economic bloom, Parramatta is ideal for all ages, from young professionals & families to retirees. It’s also very multicultural, with more than half of the locals being born overseas.
The population is expected to grow tremendously in the next 5 years, thanks to the $10 billion investment in infrastructure and amenities.
Home to over 20,000 businesses, some of Australia’s top educational facilities, big health and retail precincts, there’s plenty of employment opportunities, especially for white-collar professionals. In the next 20 years, the NSW Government forecasts there will be an additional 44,100 new jobs created around The City of Parramatta.
There’s something to suit everyone in Parramatta. Home to the tenth largest shopping centre in Australia, Westfield Parramatta has over 450 stores and several entertainment options, right at your front door.
Foodies will relish in the Church Street dining district, with nearby Eat Street providing a haven for your tastebuds.
27% of Parramatta is covered by parklands, including 85 hectares of open green space in Parramatta Park.
Sports fans will also delight at the nearby Bankwest Stadium, where you can catch local NRL team Parramatta Eels playing at their home ground. Rosehill Racecourse and Sydney Olympic Park are a short drive away, featuring a number of sporting and entertainment venues.
Key Stats
REGION
Parramatta + North West, Sydney
POPULATION
31,112
TIME TO CBD
30 min
NEAREST TRAIN STATION
Parramatta
MEDIAN PROPERTY PRICE
House: $1,355,500 Unit: $605,000
MEDIAN RENTAL PRICE
House: $480 PW Unit: $410 PW
Location
IMPORTANT
STATISTICS
Parramatta NSW 2150 is located in Sydney's western suburbs, about 25 kilometres from the Sydney CBD.
Parramatta is bounded by the Cumberland Hospital, the Parramatta River, Fleet Street, Fennell Street, O'Connell Street, Albert Street, Trott Street, Harold Street, Villiers Street, Albert Street, Sorrell Street, Victoria Road, Pennant Street and Kissing Point Road in the north, Vineyard Creek, the railway line, the Parramatta River and James Ruse Drive in the east, Grand Avenue North, Arthur Street, Clay Cliff Creek, Alfred Street, Parkes Street, Harris Street, Hassall Street, Station Street East, Parkes Street, the railway line, Raymond Street, Boundary Street, Railway Street, Pitt Street and the Western (M4) Motorway in the south, and Burnett Street, the Great Western Highway, Good Street, Thomas May Place, the former Parramatta Golf Club and Park Avenue in the west.
Connectivity
to George River
to Sydney Olympic Park
to Macquarie Park
to Chatswood CBD
to North Sydney
to Sydney CBD
People
DEMOGRAPHICS
Age Distribution
Gender
Household Composition
3
Average number or people per household
31
Average Age
$430
Median weekly rental payments
Number of bedrooms
Tenure Type
Employment Type
Median Weekly Income
Country of Birth
Religious affiliation, top responses
Education in Paramatta
Occupation in Paramatta
Lifestyle
Parramatta is Sydney’s second CBD and is benefiting from multi-billion dollar infrastructure projects that are improving transport connectivity, employment opportunities, education and entertainment. Parramatta offers endless opportunities
Amenities
Schools / Education
Parramatta offers endless opportunities for lifelong learning, with a wide choice of public, private, independent schools and university campuses within easy reach.
Redeemer Baptist School – 513m
Burnside Public School – 643m
Tara Anglican School for Girls – 822m
St. Monica’s Primary School 1.03km
The King’s School
Tara Anglican School for Girls
James Ruse Agricultural School
Redeemer Baptist School – 513m
Tara Anglican School for Girls – 822m
Northmead Creative and Performing Arts High School – 1.41km
The King’s School – 1.49km
Arthur Philip High School
Macarthur Girls High School
Paramatta High School
Teresa of Calcutta’s Catholic Primary School
Holy Spirit Catholic Primary School
Neville Bonner Primary School
Gold Creek Primary School
Charles Sturt University Paramatta Campus -576m
RIDBC Garfield Barwick School – 735m
The Hills School – 1.89km
University of New England, Paramatta – 2.28km
Our Lady of Mercy College, Parramatta
Western Sydney University Parramatta Campus
Western Sydnuniveey University Parramatta (North Campus)
UNSW Engineering Innovation Hub (2021)
Healthcare
Hospitals
Westmead Hospital
Westmead Private Hospital
Cumberland Hospital
City West Specialist Day Hospital
Medical Centres
Parramatta Medical Centre
Gold Cross Medical Centre
Parramatta Community Health Centre
Other Health Professionals
Parramatta Eye Hospital
Isra Medical Services Parramatta
Western Sydney Local Health District
Retail Precincts
Westfield Parramatta is the tenth-largest shopping centre in Australia, a one-stop hub for shopping, fun & relaxation in Parramatta. With over 450 stores ranging from fashion, entertainment, dining & wellbeing, Westfield Parramatta is the shopping destination to go. at Gungahlin Town Centre.
Church Street in Parramatta is one of Sydney’s most exciting dining precincts. This well-known ‘eat street’ is lined with restaurants, bars and cafes, like Alex and Co, El-Phoenician, Mama and Papas, Ray and Lou’s, Sicilian Parramatta, The Meat and Wine Co and Coco Cubano. With fairy lights and outdoor seating, the strip has a lively atmosphere any time of day or night.
Here, you can enjoy pre-show eats before a night at the theatre, weekends browsing the market stalls or rooftop cocktails after dark.
Located right in the centre of Parramatta’s vibrant food and entertainment district, Meriton’s dining precinct is where residents in Parramatta can find excellent coffee, international flavours and buzzy alfresco dining all at their fingertips.
Here you’ll find The Meat & Wine Co., Bay Vista,
Alex and Co., Holy Basil and more, with a stunning view along the riverfront beneath Altitude, Parramatta’s tallest tower.
- Riverside Theatres: premier performing arts venue in Western Sydney. Hosting around 750 performances and events every year, including plays, comedy, theatre, dance, and more
- Bankwest Stadium (CommBank Stadium): 30000-seat stadium in Parramatta made for the fans hosting corporate and social events.
- Rosehill Gardens Racecourse: With 25 race meetings each year, this is one of Western Sydney’s premier entertainment hot spots.
- Labyrinth Escape Rooms
- Oatlands Golf Club (10 minutes from Parramatta):
- Pirtek Stadium (Parramatta Stadium)
- Sydney Showground (GIANTS Stadium – Olympic Park): world-class venue, delivering close to 150 national and international events each year, including music festivals, sporting events, exhibitions, trade shows and the Sydney Royal Easter Show
- Parramatta’s new aquatic leisure centre (Under construction): featuring aquatic, fitness and leisure and other key features including cafe, family amenities, etc.
- Powerhouse Parramatta (Under construction): world-class museum to be built in Parramatta, New home of science and technology in the heart of Greater Sydney
- The Woolpack Hotel: beautiful outdoor courtyard, the main bar filled with plush lounges and a high-tech sports bar. There are plenty of drinks to choose from, including a long, interesting wine list and a fun, creative cocktail menu
- The Commercial Hotel: claim to fame is its beer tanks. The best spot to enjoy it is in the airy beer garden, complete with splashes of greenery, a 3.5-metre screen and an all-weather canopy, which lets in the sun but shuts out the rain.
- General Bourke: As at most alehouses inspired by the emerald isle, music is central, with DJs spinning old school tunes on Fridays and bands belting out ’90s anthems into the wee hours on Saturdays.
- The Meat & Wine Co Parramatta: top-graded steak and world-class dining options – with the reputation for being one of the best restaurants in Western Sydney
- Lola Cocina Spanish Restaurant: Spanish cuisine with a highly demanded and affordable lunch menu
- Port Bar Restaurant: Simple spot for Mediterranean food, plus outdoor tables and an upstairs wine bar with river views.
- Kanzo Parramatta: Sushi restaurant selling freshly made sushi and sashimi
- Mikazuki Parramatta: modern Japanese cuisine with a menu that offers a complete introduction to the entire Japanese cuisine.
- PappaRich Parramatta: Laid-back chain with stylish decor, doling out traditional Malaysian meals, drinks and desserts.
- Taj Indian Sweets & Restaurant: famous pure vegetarian restaurant and homemade sweets in Harris Park Sydney
- Thai Riffic on Street Parramatta: Casual joint with a funky vibe serving Thai street food like pork skewers & pad thai noodles.
- Chef’s Gallery: an award-winning Chinese restaurant located on the ground floor of Westfield Parramatta.
Park Life
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Bay life
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INFRASTRUCTURE
- Parramatta Square: One of the largest urban renewal projects in the country, the $2.7 billion Parramatta Square redevelopment is the essence of Parramatta’s transformation as Sydney’s central city. It is revitalising Parramatta’s city centre with six new buildings, premium office space, a refurbished town hall, multi-level retail and linked by 6000 square metres of public space.
- The Powerhouse Precinct and Museum: The acclaimed Powerhouse Museum is being relocated from Ultimo to the Parramatta riverfront, enlivening the city’s cultural offerings. Construction is expected to be complete by 2022, displaying 40 per cent more exhibits than the current museum
- Parramatta Quay & Charles Street Square upgrade: The ferry terminal at Charles Street is the gateway to the Parramatta CBD for those who travel by boat, by foot or by bike along the river. In the near future, it will be known as Parramatta Quay.
- New Aquatic and Leisure Centre: Featuring 3 Pools And A Water Playground – A place to gather with family and friends, swim and play, and enhance health and wellbeing.
- CommBank Stadium: The new Bankwest 30,000 seat stadium will turbocharge Parramatta CBD and inject millions of dollars into the Western Sydney economy.
- The Westmead precinct: Spanning 75 hectares, the Westmead precinct comprises over 400,000m2 of high-end health-related developments, including four major hospitals, four world-leading medical research institutes, two university campuses and the largest research-intensive pathology service in NSW.
TRANSPORT & CONNECTIVITY
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- $1 billion investment in Westmead biomedical precinct and hospital upgrade
- More than $10 billion is being invested in constructing roads, light rail, schools, hospitals, universities, offices, shops, accommodation, a museum and new public spaces
- $60 million to ferry wharf upgrade
- $2 billion light rail and a proposed fast rail to Sydney CBD
- Business Hub: With billions of investments over the next 5 years to Parramtta’s infrastructure and development, thousands of new jobs will be created by the end of 2036. Especially when the new Western Sydney airport and Westmead Health Precinct are up and running, these industry sectors are expected to growth tremendously, creating job opportunities for Parramatta’s citizens.
Suburb Market Report
MEDIAN PROPERTY PRICE
House: $1,355,500 Unit: $605,000
MEDIAN RENTAL PRICE
House: $480 PW Unit: $410 PW
MEDIAN RENTAL YIELD
House: 3.2%
Unit: 3.6%
VACANCY RATE
House: 5.6%
Unit: -1.6%
ANNUAL GROWTH RATE
House: 7.6% Unit: 1.9%
NUMBER OF PROPERTIES LISTED
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