FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Parramatta, New South Wales 6.2 out of 10 (Workhorse Investment) as of June 2026.
Parramatta functions as Sydney's robust second CBD, offering a workhorse investment underpinned by strong structural demand drivers and an exceptional 1.5 per cent vacancy rate despite high supply. While its $1735,000 median price yields 2.4 per cent, investors benefit from significant capital appreciation, evidenced by 13.5 per cent growth over the last twelve months. The market has started re-rating this location — 12-month growth of +13.5% puts it ahead of the broader New South Wales median.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Parramatta, New South Wales 6.2 out of 10 (Workhorse Investment) as of June 2026. Parramatta functions as Sydney's robust second CBD, offering a workhorse investment underpinned by strong structural demand drivers and an exceptional 1.5 per cent vacancy rate despite high supply. While its $1735,000 median price yields 2.4 per cent, investors benefit from significant capital appreciation, evidenced by 13.5 per cent growth over the last twelve months.
The median house price in Parramatta, NSW is $1.74M. Weekly rent of $810 against a 2.4% gross yield underpins this figure.
Parramatta has a gross rental yield of 2.4%, with a median weekly rent of $810. 12-month price growth is tracking at +13.5%.
Based on its market signals, Parramatta aligns with: Growth Play.