Parramatta · 2150 · 20 km from Sydney CBD

Parramatta Westfield, NSW

$21.7bn pipeline incl. Sydney Metro West — Parramatta, 3.8% gross yield.

NextSuburb scoreTier B
65Strong
Median house
$1.30M
5y growth
5.0%/yr
Gross yield
3.8%
Vacancy
1.3%
Stable entry pointLow confidence
Thin marketSmall sample sizes (~0 sales/yr) can distort medians. Treat the score with caution and weight the eight-signal breakdown over the headline number.
Last updated May 2026Next refresh 3 June 2026Informational only — not financial advice

About Parramatta Westfield

Parramatta Westfield is a suburb of the Parramatta council area in New South Wales, about 20 km west of the Sydney CBD. Median house prices have moved 5.0%/yr over the past five years, with gross rental yields around 3.8% and vacancy at 1.3%. Five-year population growth of 6.5% and income growth of 16.0% feed the 65/100 NextSuburb score for 2150.

Eight-signal breakdown

Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.

  • Capital growth (5y)5.0%/yr
    50/100
  • Population growth+6.5% (5y)
    65/100
  • Supply tightening-5.0% YoY
    75/100
  • Rental yield3.8%
    76/100
  • Rental demand1.3% vacancy
    68/100
  • Income growth+16.0% (5y)
    64/100
  • Construction pipeline$21.7bn nearby
    100/100
  • Affordability13% under cap
    13/100

Why this score

Parramatta Westfield scores 65/100 (Strong). The two strongest signals: $21.7bn of nearby construction and 3.8% gross rental yield. The standout watch-out: no material risk flags surfaced by the model.

Drivers
  • Infrastructure pipeline$21.7bn nearby
  • Rental yield3.8%
  • Supply tightening-5.0% YoY
  • Tight rentals1.3%
Risks

No material risk flags raised by the model.

Nearest infrastructure

Sydney Metro West — Parramatta0.3 km away

Construction · $25.0bn · completion 2030

Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.

Comparable suburbs

Three NSW suburbs in the same budget band with the closest NextSuburb scores.

See the full NSW ranking

Also consider

Six other NSW suburbs worth a look — three neighbours by postcode, three matched on NextSuburb score.

60-month score history

Backfilled — live history begins May 2026
587081Jun 21Jun 22Jun 23Jun 24Jun 25May 26

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