City of Parramatta
Population
256,729
City of Parramatta is a Local Government Area in Australia comprising 25 suburbs with a population of 256,729 residents. For property investors analysing City of Parramatta capital growth potential, this council area ranks in the top 16% of Australian LGAs for investment opportunity based on our proprietary scoring algorithm.
The current median house price in City of Parramatta is approximately $1.4M, making it a premium market suited to capital growth strategies. City of Parramatta property investment fundamentals show strong signals, supported by positive population growth trends and healthy employment diversity across industries. This positions City of Parramatta as one of the best council areas to invest in for Australian property investors seeking long-term capital appreciation.
Growth Performance Prediction
Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.
Overall Growth Potential
Outperforms 84% of all LGAs
Key Market Indicators
Good Employment Health
Employment Score
Good Lifestyle Factors
Life Score
High Opportunity
Opportunity Score
Investment Outlook
This area shows strong growth potential with excellent indicators across key market factors, suggesting favourable conditions for property investment.
Em
Employment Diveristy
Health Care and Social Assistance - 15.00%
Public Administration and Safety - 12.00%
Financial and Insurance Services - 10.00%
Manufacturing - 8.00%
Others - 55.00%
Commute Time
15mins
7kms
Common Transport Methods
Income Growth
Average Income
25 Suburbs in City of Parramatta
Ordered by Best Projected Short Term Growth (Green = Buying window)
Trend Indicators:
Suburb Name
Asking Price
Yield
City of Parramatta Property Investment FAQs
Is City of Parramatta a good area for property investment in 2026?▼
City of Parramatta ranks in the top 16% of all Australian Local Government Areas for property investment potential. This places City of Parramatta among the best LGAs in Australia for capital growth, with strong fundamentals including population growth, employment diversity, and infrastructure development. Property investors looking for long-term appreciation should consider City of Parramatta as a priority market.
What is the median house price in City of Parramatta?▼
The current median house price across City of Parramatta is approximately $1.4M. This median price reflects sales data from properties across all 25 suburbs within the Local Government Area. As a premium property market, City of Parramatta typically attracts investors focused on capital appreciation and wealth preservation rather than high rental yields.
What are the best suburbs to invest in City of Parramatta?▼
City of Parramatta contains 25 suburbs, each with unique investment characteristics and suburb scores. The best suburbs for investment within City of Parramatta depend on your investment strategy - whether you're seeking capital growth, rental yield, or a balanced approach. Use our suburb analysis tools to compare all 25 suburbs in City of Parramatta ranked by our proprietary suburb score, which factors in price growth trends, rental yields, vacancy rates, and demographic indicators.
What is the capital growth outlook for City of Parramatta?▼
City of Parramatta's capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in City of Parramatta include strong population growth, diverse employment opportunities, and infrastructure investment. These fundamentals suggest continued property value appreciation in the medium to long term.
What is the population of City of Parramatta?▼
City of Parramatta has a population of approximately 256,729 residents across its 25 suburbs. Population growth is a key indicator for property investment as it drives housing demand. City of Parramatta's population metrics contribute positively to its investment score, indicating growing demand for housing in the area.
How many suburbs are in City of Parramatta council area?▼
City of Parramatta Local Government Area contains 25 suburbs. Each suburb has its own property market dynamics, median prices, and investment potential. When investing in City of Parramatta, it's important to analyse individual suburbs rather than relying solely on LGA-level data. Our platform provides detailed suburb scores and analytics for all 25 suburbs to help you identify the best investment opportunities within City of Parramatta.
