Apartments and developments for sale around Parramatta

24 developments , 4247 properties
Blossom
From $765,000
Carlingford, NSW 2118
  • Bed1-3
  • Bath1-2
  • Car1-2
From $765,000

About Parramatta New South Wales 2150

Welcome to Parramatta - investment apartments at the local business district.

 

Parramatta is both a suburb and business district of Sydney. Currently at the forefront of a surge, this once small town, is now regarded as Australia’s fourth-largest central business district. Located only 23kms west of Sydney city, Parramatta boasts a strong transport system, as well as a fully fledged and independent city centre.

Who’s next door? Investment apartments in an amenities rich locale.

Despite its distance from Sydney city, Parramatta has an average age of only 30. With such a young population, comes an emphasis on cafe culture and nightlife. With an abundance of apartment buildings, Parramatta’s apartment blocks are filled with sociable and engaging neighbours, all of whom are looking to extend their network of friends. Yes, Parramatta’s CBD does give the facade of an area dominated by business, but once you peel pack the layers, Parramatta’s emphatic cultural social life shines through.

A sought after cultural hub that property investors everywhere are watching.

Whilst Parramatta does feature some very business-y looking people, it never provides a dull moment outside of work hours. It is, however, Parramatta’s multiculturalism that extends not only through its residents, but also its cafes, restaurants and bars that has made it such an attractive place for not only those that live in Parramatta, but those closer to Sydney CBD as well making it perfect for both investors and owner occupiers. 

Parramatta investment apartments - the numbers game

With almost every convenience at your doorstep, Parramatta’s apartment market is thriving, as some of Australia’s top developers are targeting the area for construction over the next 3-4 years. Therefore an apartment in Parramatta will cost on average, $560,000, but, for investors, will also bring in a healthy $450p/w in rental income. 

Demographics of Parramatta, New South Wales 2150
12,272
Households
87.4%
Early Careers
Aged 25-34 – Educated millennials and younger blue-collar workers at the start of their careers.
4%
Comfortable Retirees
Aged 65 and over – Affluent retirees living in higher valued properties.
3.9%
Mature Couples
Aged 45-59 – Mature couples without children.
About this data - The statistics above have been sourced from Mosaic demographic data that is the copyright property of Experian Australia Pty Limited (or its licensors).