True Cost of Buying in North Parramatta

2151 NSW · 24km to CBD

Stable

Market Intelligence

North Parramatta is a highly sought-after inner-western Sydney suburb located just 2km from Parramatta CBD, offering excellent connectivity and urban convenience. The area has experienced significant transformation with new apartment developments complementing established housing stock, creating a diverse residential landscape. The suburb attracts young professionals and families drawn to its proximity to employment hubs, quality schools including the well-regarded North Parramatta Public School, and abundant recreational facilities including Parramatta Park and river foreshore access. With a multicultural population where 55-60% of residents were born overseas, the community enjoys diverse dining options and cultural amenities. Strong transport links via multiple bus routes and walking distance to Parramatta station make it highly accessible, while Westfield Parramatta provides comprehensive shopping and entertainment. The property market remains robust with strong rental demand and steady capital growth, supported by ongoing infrastructure investment as part of Greater Parramatta's urban renewal.

Excellent transport connectivity to Parramatta CBD and SydneyWalking distance to Parramatta Park and river recreationStrong multicultural community with diverse amenitiesQuality local schools and educational facilitiesRobust rental market with low vacancy rates

Market Snapshot

Median House

$1.2M

+5.2% 1yr

Median Apartment

$700K

+6.8% 1yr

Median Townhouse

$950K

Vacancy Rate

2.1%

32 avg DOM

Yield (Apartment)

4.1%

Yield (House)

3.2%

Auction Clearance

72%

Population

3,200

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$4,582/mo

Purchase Price

$700,000

Stamp Duty

$26,030

1st Year Total

$54,980

House

$6,884/mo

Purchase Price

$1,180,000

Stamp Duty

$47,630

1st Year Total

$82,604

Townhouse

$5,646/mo

Purchase Price

$950,000

Stamp Duty

$37,280

1st Year Total

$67,748

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These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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Community Profile

Median Income

$78,000

Median Age

33

Family Households

62%

Owner-Occupied

58%

Walkability

75/100

Public Transport

8/10

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