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This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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Sales Activity
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Population
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 15,058 as of May 2026. This reflects an increase of 2,996 people since the 2021 Census, which reported a population of 12,062 people. The change was inferred from the estimated resident population of 14,911 in June 2025 and an additional 1,499 validated new addresses since the Census date. This level of population equates to a density ratio of 6,752 persons per square kilometer, placing it in the top 10% of national locations assessed by AreaSearch. Parramatta - North's growth of 24.8% since the 2021 census exceeded the state's growth of 7.1%. Population growth was primarily driven by overseas migration, contributing approximately 85.5% of overall population gains during recent periods.
AreaSearch adopted 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 utilised NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group were applied to all areas for years 2032 to 2041. Based on these projections, exceptional growth is predicted over the period, with the area expected to increase by 24,033 persons to 2041, reflecting a gain of 158.6% in total over the 16 years.
Frequently Asked Questions - Population
Development
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 annually over the past five financial years, totalling 2,431 homes. As of FY-26, two approvals have been recorded. On average, one new resident has arrived per new home each year between FY-21 and FY-25, indicating a balanced supply and demand market with stable conditions. The average construction cost value of these new homes is $306,000, aligning with regional trends.
This financial year has seen $203.9 million in commercial development approvals, reflecting strong commercial development momentum. Compared to Greater Sydney, Parramatta - North has 406.0% more new home approvals per person, offering ample choice for buyers and suggesting strong developer confidence in the location. All recent developments have been townhouses or apartments, providing affordable entry pathways and attracting downsizers, investors, and first-time purchasers, with around 21 people per approval reflecting a developing area. By 2041, Parramatta - North is projected to grow by 23,879 residents, potentially leading to increased buyer competition and price increases if current development rates do not keep pace with population growth.
Looking ahead, Parramatta - North is expected to grow by 23,879 residents through to 2041 (from the latest AreaSearch quarterly estimate). At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.
Frequently Asked Questions - Development
Development applications around Parramatta - North
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
Infrastructure
Parramatta - North has strong levels of nearby infrastructure activity, ranking in the top 30% nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch identified 68 projects likely impacting the region. Key initiatives include Powerhouse Parramatta, Civic Link Block 3, Royal Parramatta Private Hospital, and 8 Phillip Street. The following details projects expected to have most relevance.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Parramatta CBD Planning Framework Review
Major city centre planning and urban renewal program guiding long-term growth of Parramatta CBD as Sydney's Central City centre. The City Centre LEP commenced in October 2022, with infrastructure contributions and transport planning in place. Current work is focused on Parramatta CBD Planning Investigation Areas: the North East PIA planning controls were finalised in July 2025, while the Southern Planning Investigation Area is in master planning, with draft documentation expected to be reported to Council in the first half of 2026 and possible public exhibition in the second half of 2026. Related public domain delivery includes Civic Link Block 3, where early works and main works are scheduled through 2026 and 2027.
Parramatta Metro Station - Sydney Metro West
A new underground metro station forming part of the 24 km Sydney Metro West line, doubling rail capacity between Parramatta and the Sydney CBD. Tunnelling between Westmead and the CBD was completed in December 2025 by the Gamuda Australia and Laing O'Rourke Consortium (GLC). The Parramatta Integrated Station Development (ISD) contract - covering station construction plus four over and adjacent buildings comprising approximately 100 dwellings, offices, retail and public spaces - is expected to be awarded in 2026, with two consortia shortlisted: Gamuda/Billbergia/MTR Corporation and Lendlease Construction/Lendlease Development. John Holland is delivering 60 km of track and the Clyde stabling and maintenance facility. Metro Trains West Consortium (MTR Corporation and CRRC) was awarded the combined trains, systems, maintenance and operations contract in January 2026. The station will feature full accessibility, platform screen doors, 24-hour operation, and interchange with Parramatta Light Rail and bus services. Planning approval for over and adjacent station development was granted by the Department of Planning, Housing and Infrastructure in 2025. Line opening is targeted for 2032.
Powerhouse Parramatta
Powerhouse Parramatta is a major NSW Government cultural infrastructure project on the Parramatta River foreshore. The new museum will deliver about 18,000 sqm of exhibition and public space across seven large presentation spaces, the Lang Walker Family Academy, rooftop public areas, productive gardens and an observatory for astronomy education. Construction is being managed by Lendlease and reached 95 percent complete in February 2026, with fitout and public domain works progressing ahead of opening in late 2026.
Royal Parramatta Private Hospital
A proposed 24-storey private hospital development designed to address the healthcare shortfall in Western Sydney. The facility will include 120 to 130 hospital beds, six operating theatres, day surgery units, maternity services, and a perioperative suite. The architectural design by fjcstudio and Gray Puksand features a vertical village concept with biophilic terraces and the integration of a historic heritage house at the base of the tower.
Parramatta CBD Growth Centre
A transformative urban renewal project establishing Parramatta as Sydney's dual CBD. The precinct integrates the $3.5 billion Parramatta Square commercial hub, the $1.1 billion Powerhouse Parramatta museum (opening late 2026), and the new Sydney Metro West station. Ongoing works in 2026 include the $21 million Civic Link green boulevard and deep excavation for the underground metro station, ultimately supporting 43,000 jobs and 12,000 new dwellings.
Civic Link Block 3
Civic Link Block 3 is the City of Parramatta Council project transforming Horwood Place into a pedestrian and cycling green boulevard between George Street and Phillip Street. The project will permanently close part of Horwood Place to traffic and deliver wider paths, 38 mature native trees, more than 3000 shrubs and groundcover, rain gardens, seating, play and dining elements, and the 130 metre Ribbon social spine. It forms the central block of the wider Civic Link corridor connecting Parramatta Square, Sydney Metro West, Powerhouse Parramatta and the Parramatta River. Stage 1 Phillip Street early works are planned for 2026 and Stage 2 Horwood Place main works are forecast to continue through to the end of 2027, subject to site and weather conditions.
2 Fitzwilliam Street, Parramatta - Detailed SSDA
State Significant Development for a mixed-use build-to-rent precinct at 2 Fitzwilliam Street in the Parramatta CBD, opposite Parramatta Station and beside the bus interchange. The proposal includes two residential towers of 40 and 48 storeys above a shared podium, about 703 build-to-rent apartments including affordable rental housing, a 217-key Crowne Plaza hotel, retail and resident amenities such as rooftop pool, wellness areas, co-working spaces, multipurpose rooms and outdoor cinema. NSW Planning lists the application as more information required during assessment.
Perth House Precinct
The Perth House Precinct on George Street, Parramatta has been repurposed from a GPT-led office development into a major Build-to-Rent residential precinct under new owner Freecity Group, which acquired both sites for approximately $220 million in July 2024. The precinct encompasses two state significant development applications: a 40-storey BTR tower at 81-83 George Street / 1 Barrack Lane (618 apartments, designed by FK Architects using Volumetric Modular Construction) and a 71-storey mixed-use tower at 89-91 George Street (approximately 530 dual-key BTR and 300 co-living units). Both proposals incorporate the adaptive reuse and activation of heritage items including the Georgian sandstone Perth House, The Stables, and the significant heritage Moreton Bay Fig Tree. Ground-floor retail animates the George Street frontage. Combined yield is approximately 1,450 dwellings.
Employment
AreaSearch analysis of employment trends sees Parramatta - North performing better than 90% of local markets assessed across Australia
Parramatta - North has a highly educated workforce with strong representation in professional services. The unemployment rate was 2.2% as of December 2025. Employment growth over the past year was estimated at 4.4%.
In December 2025, 11,183 residents were employed, with an unemployment rate of 2.0%, lower than Greater Sydney's rate of 4.2%. Workforce participation in Parramatta - North was 88.9%, higher than Greater Sydney's 68.8%. According to Census responses, 60.0% of residents worked from home. Key industries of employment were professional & technical, health care & social assistance, and finance & insurance.
Employment specialization was particularly high in professional & technical services, with a share 2.3 times the regional level. Construction employed only 3.6% of local workers, below Greater Sydney's 8.6%. There were 3.9 workers for every resident as at the Census, indicating that the area functions as an employment hub hosting more jobs than residents and attracting workers from surrounding areas. Between December 2024 and December 2025, employment levels increased by 4.4% and labour force grew by 4.6%, causing the unemployment rate to rise by 0.2 percentage points. In contrast, Greater Sydney saw employment rise by 2.2%, labour force grow by 2.3%, and a marginal increase in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 suggest that Parramatta - North's employment should increase by 7.7% over five years and 15.2% over ten years, based on industry-specific projections applied to the local employment mix.
Frequently Asked Questions - Employment
Income
The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis
According to AreaSearch's aggregation of the latest postcode level ATO data released for financial year 2023, Parramatta - North SA2 had a median income among taxpayers of $59,277 with an average level of $69,226. This is slightly above the national average and compares to levels of $60,817 and $83,003 across Greater Sydney respectively. Based on Wage Price Index growth of 10.32% since financial year 2023, current estimates would be approximately $65,394 (median) and $76,370 (average) as of March 2026. Census data reveals that household, family, and personal incomes all rank highly in Parramatta - North, between the 75th and 86th percentiles nationally. Distribution data shows that the predominant cohort spans 40.3% of locals (6,068 people) with incomes in the $1,500 - 2,999 category, aligning with the broader area where this cohort likewise represents 30.9%. High housing costs consume 19.7% of income, though strong earnings still place disposable income at the 69th percentile and the area's SEIFA income ranking places it in the 8th decile.
Frequently Asked Questions - Income
Housing
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 in the latest Census showed 1.2% houses and 98.8% other dwellings (semi-detached, apartments, 'other' dwellings). This contrasted with Sydney metro's 55.9% houses and 44.1% other dwellings. Home ownership in Parramatta - North was at 7.0%, with mortgaged dwellings at 16.3% and rented ones at 76.6%. The median monthly mortgage repayment was $2,078, below Sydney metro's average of $2,427. Median weekly rent in Parramatta - North was $450, compared to Sydney metro's $470. 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.
Frequently Asked Questions - Housing
Household Composition
Parramatta - North features high concentrations of group households, with a lower-than-average median household size
Family households account for 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 make up 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 2.7 people.
Frequently Asked Questions - Households
Local Schools & Education
Parramatta - North shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Parramatta - North has a higher proportion of residents aged 15 and above with university qualifications than the national and state averages. Specifically, 69.8% of its residents have such qualifications compared to 30.4% in Australia and 32.2% in New South Wales (NSW). This educational attainment is significantly greater, indicating a strong potential for knowledge-based opportunities in the area. Bachelor degrees are the most common at 41.0%, followed by postgraduate qualifications at 26.1% and graduate diplomas at 2.7%.
Technical qualifications make up 14.4% of educational achievements, with advanced diplomas accounting for 8.8% and certificates for 5.6%. Educational participation is notably high in the area, 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.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Parramatta - North has 52 active public transport stops serving a mix of ferry, train, light rail, and bus services. These stops are covered by 90 individual routes, facilitating 28,167 weekly passenger trips in total. The area's transport accessibility is rated excellent, with residents located an average of 115 meters from the nearest stop. Primarily residential, most commuters travel outward. Car remains dominant at 37%, followed by train at 36% and bus at 15%. Vehicle ownership averages 0.2 per dwelling, below the regional average.
According to the 2021 Census, 60.0% of residents work from home, potentially due to COVID-19 conditions. Service frequency across all routes averages 4,023 trips per day, equating to approximately 541 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
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 based on AreaSearch's assessment. Mortality rates and chronic condition prevalence are very low across all age groups.
Private health cover is high at approximately 53% of the total population (~8,025 people), compared to Greater Sydney's 59.9%. The most common conditions are asthma (3.5%) and mental health issues (3.2%). A majority, 88.5%, report no medical ailments, higher than Greater Sydney's 74.6%. Only 5.3% of residents are aged 65 and over (798 people), lower than Greater Sydney's 15.5%. Senior health outcomes align with the general population nationally.
Frequently Asked Questions - Health
Cultural Diversity
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 a population where 78.8% speak languages other than English at home, with 80.1% born overseas. The predominant religion is Hinduism, comprising 46.0%, compared to 5.2% in 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 3.6%, 16.0%, and 8.4%. Notably, Filipino representation is overrepresented at 3.1% in Parramatta - North compared to the regional average of 2.0%. Korean and Lebanese representations also diverge, with Koreans at 1.1% (vs 1.1%) and Lebanese at 0.7% (vs 2.6%).
Frequently Asked Questions - Diversity
Age
Parramatta - North hosts a very young demographic, ranking in the bottom 10% of areas nationwide
Parramatta - North's median age is 31 years, which 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 percentage 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 14.6%. Between 2021 and present, the population aged 45 to 54 has increased from 5.9% to 7.2%, while the 0 to 4 age group has decreased from 7.3% to 6.2%. By 2041, demographic modeling projects significant changes in Parramatta - North's age profile, with the 25 to 34 age cohort expected to expand substantially by 9,006 people (165%), growing from 5,452 to 14,459.