Parramatta - North
Statistical Area - sa2

Parramatta - North lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

Parramatta - North's population is around 15,233 as of Aug 2025. This reflects an increase of 3,171 people since the 2021 Census, which reported a population of 12,062 people. The change is inferred from the estimated resident population of 14,415 from the ABS as of June 2024 and an additional 1,419 validated new addresses since the Census date. This level of population equates to a density ratio of 6,830 persons per square kilometer, placing Parramatta - North in the top 10% of national locations assessed by AreaSearch. The area's 26.3% growth since the 2021 census exceeded both the state (6.4%) and metropolitan area growth rates. Population growth was primarily driven by overseas migration, contributing approximately 82.8% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises the NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Considering projected demographic shifts, exceptional growth is predicted over the period, with the area expected to increase by 26,234 persons to 2041 based on the latest population numbers, recording a gain of 166.8% in total over the 17 years.

The level of residential development activity in Parramatta - North was found to be higher than 90% of real estate markets across the country

Parramatta - North has seen approximately 486 new homes approved each year. Over the past five financial years, from FY21 to FY25, around 2,431 homes were approved, with an additional two approved in FY26 so far. On average, one new resident arrives per new home annually during these five years, indicating a balanced supply and demand market that supports stable conditions.

The average construction value of new properties is $501,000. This year, $203.9 million in commercial approvals have been registered, reflecting high levels of local commercial activity. Compared to Greater Sydney, Parramatta - North shows 426% higher new home approvals per person, offering buyers greater choice and indicating strong developer confidence in the area. Recent building activity consists solely of townhouses or apartments, promoting denser development that appeals to downsizers, investors, and entry-level buyers. With around 21 people per dwelling approval, Parramatta - North exhibits characteristics of a growth area. Future projections estimate an addition of 25,414 residents by 2041 in Parramatta - North.

If current development rates continue, housing supply may struggle to keep pace with population growth, potentially intensifying buyer competition and supporting price increases.

Parramatta - North has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes to local infrastructure significantly affect an area's performance. AreaSearch has identified 70 projects that potentially impact the region. Notable initiatives include Powerhouse Parramatta, Observatory Place Parramatta, Civic Link Parramatta, and HOME Parramatta at 116 Macquarie Street. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The labour market strength in Parramatta - North positions it well ahead of most Australian regions

Parramatta - North has a highly educated workforce with strong representation in professional services. The unemployment rate was 2.3% as of June 2025, with an estimated employment growth of 2.5% over the past year.

As of this date, 10,524 residents were employed while the unemployment rate was 1.9% lower than Greater Sydney's rate of 4.2%. Workforce participation in Parramatta - North was 71.2%, higher than Greater Sydney's 60.0%. Employment among residents is concentrated in professional & technical, health care & social assistance, and finance & insurance sectors. The area shows a particularly strong specialization in professional & technical services, with an employment share of 2.3 times the regional level.

Construction, however, is under-represented, with only 3.6% of Parramatta - North's workforce compared to 8.6% in Greater Sydney. As at the Census, there were 3.9 workers for every resident, indicating that the area functions as an employment hub hosting more jobs than residents and attracting workers from surrounding areas. Over the 12 months to June 2025, employment increased by 2.5% while labour force increased by 3.2%, causing the unemployment rate to rise by 0.7 percentage points in Parramatta - North. In comparison, Greater Sydney saw employment grow by 2.6%, labour force expand by 2.9%, and unemployment rise by 0.3 percentage points during this period. Jobs and Skills Australia's national employment forecasts from May 2025 suggest that while national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Parramatta - North's employment mix suggests local growth of approximately 7.7% over five years and 15.2% over ten years.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2022 shows that Parramatta - North has an average national median assessed income of $54,534 and an average income of $65,569. Greater Sydney's figures are a median income of $56,994 and an average income of $80,856. Based on Wage Price Index growth of 12.61% since financial year 2022, current estimates for Parramatta - North would be approximately $61,411 median and $73,837 average as of September 2025. The 2021 Census ranks household, family and personal incomes in Parramatta - North between the 75th and 87th percentiles nationally. The earnings profile shows that 40.3% of locals (6,138 people) fall into the $1,500 - 2,999 income category. High housing costs consume 19.7% of income in Parramatta - North, but strong earnings place disposable income at the 69th percentile nationally. The area's SEIFA income ranking places it in the 8th decile.

Parramatta - North features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

Parramatta - North's dwelling structure, as per the latest Census, consisted of 1.2% houses and 98.8% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Sydney metro had 36.4% houses and 63.6% other dwellings. Home ownership in Parramatta - North was at 7.0%, with the rest either mortgaged (16.3%) or rented (76.6%). The median monthly mortgage repayment was $2,078, lower than Sydney metro's average of $2,167. Median weekly rent in Parramatta - North was $450, compared to Sydney metro's $420. Nationally, Parramatta - North's mortgage repayments were higher at $2,078 versus the Australian average of $1,863, and rents were substantially above the national figure of $375.

Parramatta - North features high concentrations of group households, with a lower-than-average median household size

Family households comprise 61.4% of all households, including 27.3% couples with children, 26.8% couples without children, and 5.0% single parent families. Non-family households account for the remaining 38.6%, with lone person households at 27.4% and group households comprising 11.1%. The median household size is 2.3 people, which is smaller than the Greater Sydney average of 2.6.

Parramatta - North shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational attainment in Parramatta - North is significantly higher than broader benchmarks. 69.8% of residents aged 15 and above hold university qualifications, compared to 30.4% nationally and 32.2% in NSW. Bachelor degrees are the most common at 41.0%, followed by postgraduate qualifications (26.1%) and graduate diplomas (2.7%). Technical qualifications represent 14.4% of educational achievements, with advanced diplomas accounting for 8.8% and certificates for 5.6%.

Educational participation is high, with 31.6% of residents currently enrolled in formal education. This includes 10.6% in tertiary education, 8.0% in primary education, and 2.8% pursuing secondary education. Parramatta - North's 4 schools have a combined enrolment of 3,473 students as of the latest data. The area has above-average socio-educational conditions, with an ICSEA score of 1085. The educational mix includes 1 primary school, 2 secondary schools, and 1 K-12 school. School capacity exceeds typical residential needs, with 22.8 places per 100 residents compared to the regional average of 18.0, indicating that the area serves as an educational center for the broader region. Note: where schools show 'n/a' for enrolments, please refer to the parent campus.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Parramatta - North has 40 active public transport stops. These include ferry, train, light rail, and bus services. There are 93 individual routes operating, serving a total of 22,908 weekly passenger trips.

Residents have excellent transport accessibility, with an average distance of 116 meters to the nearest stop. Daily service frequency averages 3,272 trips across all routes, resulting in approximately 572 weekly trips per individual stop.

Parramatta - North's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Parramatta - North shows excellent health outcomes, with a very low prevalence of common health conditions across all age groups.

The area has approximately 7,982 people, with about 52% having private health cover, slightly higher than the average SA2 area. Asthma and mental health issues are the most prevalent medical conditions, affecting around 3.5 and 3.2% of residents respectively. About 88.5% of residents report being completely free from medical ailments, compared to approximately 79.0% in Greater Sydney. The area has a lower proportion of seniors aged 65 and over, at about 5.1% (782 people), compared to around 12.5% in Greater Sydney. Health outcomes among seniors are notably strong and align with the overall population's health profile.

Parramatta - North is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Parramatta-North has one of the highest cultural diversities in Australia, with 78.8% speaking a language other than English at home and 80.1% born overseas. Hinduism is the predominant religion here, comprising 46.0%, compared to 28.8% across Greater Sydney. The top three ancestry groups are Indian (31.3%), Other (29.8%), and Chinese (14.5%).

These percentages are substantially higher than their respective regional averages of 18.4%, 23.7%, and 8.7%. Additionally, Filipino (3.1% vs 2.4%), Korean (1.1% vs 1.5%), and Vietnamese (1.1% vs 0.7%) ethnic groups are notably overrepresented in Parramatta-North compared to regional averages.

Parramatta - North hosts a very young demographic, ranking in the bottom 10% of areas nationwide

Parramatta - North's median age at 31 years is lower than the Greater Sydney average of 37 and significantly below the Australian median of 38. Compared to Greater Sydney, Parramatta - North has a higher proportion of residents aged 25-34 (36.2%) but fewer residents aged 55-64 (4.4%). This concentration of 25-34 year-olds is notably higher than the national average of 14.5%. Between 2021 and present, the proportion of residents aged 45 to 54 has increased from 5.9% to 6.7%, while the proportion of those aged 0 to 4 has decreased from 7.3% to 6.5%. By 2041, demographic modeling suggests that Parramatta - North's age profile will change significantly. The 25-34 age cohort is projected to grow substantially, increasing by 9,290 people (168%) from 5,521 to 14,812.