Thinking about buying in Parramatta Park? Now could not be a better time, with 2889 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $473,000 with prices in this suburb ranging from $128,000 to $3,384,000. Parramatta Park is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Parramatta Park Real Estate Market Outlook

In Parramatta Park there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Parramatta Park is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Parramatta Park provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Parramatta Park requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Parramatta Park

	20 denbeigh st, parramatta park, qld, 4870	6	3	2	Asking Price: $1,250,000
	unit 2, 13-15 brisbane st, parramatta park, qld, 4870	2	1	0	Asking Price: $280,000
	unit 2, 423-427 draper st, parramatta park, qld, 4870	2	2	1	Please Call
	unit 10, 312-316 draper st, parramatta park, qld, 4870	2	1	1	Offers Over $299,000
	20 pembroke st, parramatta park, qld, 4870	7	3	2	750000
	285 severin st, parramatta park, qld, 4870	11	6	2	1250000
	unit 4, 46-50 minnie st, parramatta park, qld, 4870	2	1	1	310000
	unit 15, 19-23 minnie st, parramatta park, qld, 4870	2	2	1	380000

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General Points of Interest

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