Parramatta vs North Parramatta.
Comparing two suburbs with median house prices of $1,686,000 and $1,670,000. North Parramatta edges out on more headline metrics in this comparison.
North Parramatta (median $1,670,000) is roughly 1% cheaper to buy into than Parramatta ($1,686,000). Over the past year, North Parramatta (+0.3%) ran 0.4 percentage points ahead of Parramatta (-0.1%) on house-price growth.
On school quality, the average ICSEA across schools serving North Parramatta (1093) sits above Parramatta (1083). North Parramatta skews owner-occupied (42%), Parramatta runs more rental-dense (28% owner).
For buyers
North Parramatta is the lower entry point at $1,670,000 median, 1% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
North Parramatta carries both higher gross yield (2.49% vs 2.31%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
North Parramatta edges out on average school ICSEA (1093 vs 1083).
Common questions
Is Parramatta or North Parramatta cheaper to buy in?
North Parramatta has the lower median house price at $1,670,000, roughly 1% below Parramatta ($1,686,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Parramatta or North Parramatta?
Over the past 12 months, North Parramatta grew +0.3% vs -0.1% in Parramatta, a gap of 0.4 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Parramatta or North Parramatta have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), North Parramatta scores 1093 vs 1083 in Parramatta. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Parramatta or North Parramatta?
Gross rental yield on houses is 2.49% in North Parramatta vs 2.31% in Parramatta. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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