Sydney - Parramatta Property Market & Development Rates — May 2026 | Suburbtrends

Sydney - Parramatta Property Market: Prices, Vacancy & Trends

As of May 2026, median house prices across the Sydney - Parramatta SA4 range from $1,420,000 (Merrylands - Guildford) to $2,140,000 (Carlingford). The stock-weighted rental vacancy rate is 3.4%, ranging from 3.1% in Auburn to 3.6% in Merrylands - Guildford. Top median house rent is $1000/week in Silverwater - Newington.

Source: Suburbtrends, 12-month rolling medians · Updated monthly
$2.14M
Carlingford median house
$1.65M
Parramatta median house
+9.2%
Top SA3 growth (Merrylands - Guildford)
3.4%
SA4 vacancy (weighted)
$1000/wk
Top house rent (Silverwater - Newington)
829
Houses listed for sale

What is the median house price in the Sydney - Parramatta?

Median house prices across the Sydney - Parramatta's SA3 markets span $1,420,000 to $2,140,000, with Carlingford the most expensive market and Merrylands - Guildford the most affordable.

SA3 house markets, Sydney - Parramatta — 12 months to May 2026
SA3 marketMedian house12-mth changeMedian unitDays on market
Carlingford$2,140,000+6.7%$900,00030
Parramatta$1,646,000+6.2%$605,00025
Auburn$1,625,000−0.9%$707,50032
Merrylands - Guildford$1,420,000+9.2%$535,00026
Listings on market by SA3 — for sale and for rent, current month
SA3 marketHouses for saleHouses for rentUnits for saleUnits for rent
Merrylands - Guildford345194260171
Carlingford1856717870
Parramatta178131671450
Auburn12171510333

Listings counts are the current-month average of properties advertised for sale or rent. Unit stock can be thin in regional markets — some SA2 unit markets carry only a handful of active listings at any time.

SA2 median prices, houses and units — 12 months to May 2026
SA2 areaSA3House medianHouse 12-mthUnit median
Carlingford - EastCarlingford$2,510,000+6.7%$825,000
Carlingford - WestCarlingford$2,280,000+0.9%$828,000
Oatlands - Dundas ValleyCarlingford$2,035,000+7.1%$1,000,000
Silverwater - Newington Auburn$2,030,000$810,000
Ermington - RydalmereCarlingford$2,000,000+8.1%$863,000
LidcombeAuburn$1,970,000+2.3%$755,000
North RocksParramatta$1,930,000−0.3%
North ParramattaParramatta$1,854,000+10.9%$672,000
NorthmeadParramatta$1,802,500+6.7%$592,000
Winston HillsParramatta$1,735,000+5.2%
Rosehill - Harris Park Parramatta$1,655,000$510,000
BeralaAuburn$1,582,000+9.6%$600,000
Auburn - CentralAuburn$1,575,000+1.6%$690,000
Wentworthville - WestmeadParramatta$1,565,000+3.0%$586,500
Greystanes - SouthMerrylands - Guildford$1,542,000+14.2%
Auburn - SouthAuburn$1,515,000+7.0%$900,000
Toongabbie - Constitution HillParramatta$1,507,000+8.8%$785,000
Merrylands - HolroydMerrylands - Guildford$1,500,000+9.1%$515,000
Regents Park Auburn$1,470,000
Guildford - South GranvilleMerrylands - Guildford$1,440,500+10.8%$595,000
Parramatta - South Parramatta$1,438,888$580,000
Chester Hill - SeftonMerrylands - Guildford$1,430,000+10.0%
Pemulwuy - Greystanes (North)Merrylands - Guildford$1,411,650+7.8%$679,950
South WentworthvilleMerrylands - Guildford$1,400,000+5.3%$880,000
Pendle Hill - GirraweenParramatta$1,380,000−0.7%$746,000
Auburn - North Auburn$1,350,000$480,000
Granville - ClydeMerrylands - Guildford$1,300,000+3.2%$545,000
Guildford West - Merrylands WestMerrylands - Guildford$1,300,000+12.1%$492,000
Fairfield - EastMerrylands - Guildford$1,250,000+8.5%$420,000
Wentworth Point - Sydney Olympic Park Auburn$1,170,000$700,000

† Thin market: fewer than 40 sales in 12 months, or a distorted price mix — medians are volatile and 12-month changes are not reported. A dash indicates too few unit sales to report a reliable median.

Which Sydney - Parramatta areas are growing fastest?

Among SA2 areas with robust sales volumes, the strongest 12-month house price growth to May 2026 was Greystanes - South +14.2%, Guildford West - Merrylands West +12.1%, North Parramatta +10.9%, Guildford - South Granville +10.8%, Chester Hill - Sefton +10.0%. The softest market was Pendle Hill - Girraween (-0.7%).

What is the rental vacancy rate in the Sydney - Parramatta?

The stock-weighted rental vacancy rate across the Sydney - Parramatta SA4 is 3.4% as at May 2026. Conditions range from 3.1% in Auburn to 3.6% in Merrylands - Guildford.

Rental vacancy by SA3, rolling 3-month rate — trailing 6 months
SA3 marketDec 25Jan 26Feb 26Mar 26Apr 26May 26Rental stock
Auburn3.4%3.1%2.8%3.2%3.1%3.1%1,059
Carlingford4.8%5.5%4.5%4.2%3.8%3.4%443
Parramatta3.9%3.4%3.5%3.8%3.4%3.5%1,585
Merrylands - Guildford2.1%2.9%3.3%3.2%2.8%3.6%932

Suburbtrends Vacancy Index methodology: vacant rental listings as a share of total rental stock, rolling 3-month basis. SA4 weighted rate uses current rental stock weights.

What are the rents in the Sydney - Parramatta?

Median house rents across the Sydney - Parramatta run to $1000/week in Silverwater - Newington at the top of the region. Unit rents typically sit below houses; bedroom splits below show where stock supports a reading.

House rents by SA2 — weekly median and bedroom splits, 12 months to May 2026
SA2 areaMedian2-bed3-bed4-bed
Silverwater - Newington$1000$460$980$1200
Carlingford - East$975$620$900$1100
Carlingford - West$950$610$815$980
North Rocks$920$650$800$1050
Ermington - Rydalmere$915$630$780$1200
Oatlands - Dundas Valley$910$640$760$1100
Pemulwuy - Greystanes (North)$880$600$780$1000
Greystanes - South$850$550$750$950
Winston Hills$850$630$780$960
Lidcombe$820$650$800$995
Guildford West - Merrylands West$820$600$750$980
Chester Hill - Sefton$800$650$750$950
Merrylands - Holroyd$800$600$750$950
South Wentworthville$800$600$750$980
Northmead$790$650$750$900
Auburn - Central$780$650$790$900
Guildford - South Granville$780$600$780$900
Toongabbie - Constitution Hill$770$600$740$900
Pendle Hill - Girraween$770$600$750$850
Auburn - South$750$620$750$1000
Berala$750$600$750$950
Regents Park$750$520$750$980
North Parramatta$750$650$770$900
Wentworthville - Westmead$750$600$750$850
Parramatta - South$750$600$750$900
Rosehill - Harris Park$750$600$780$850
Wentworth Point - Sydney Olympic Park$740$860$1100
Granville - Clyde$730$600$720$850
Parramatta - North$720$720$750$850
Fairfield - East$700$570$700$850
Auburn - North$650$600$700$900
Unit rents by SA2 — weekly, where stock supports a reading, 12 months to May 2026
SA2 areaMedian2-bed3-bed
Wentworth Point - Sydney Olympic Park$820$850$1200
Auburn - Central$750$720$880
Carlingford - West$730$720$850
Lidcombe$720$730$890
Silverwater - Newington$720$730$900
Ermington - Rydalmere$720$760$760
Carlingford - East$720$710$830
Parramatta - North$720$760$1050
Granville - Clyde$680$700$800
Winston Hills$680$675$770
Oatlands - Dundas Valley$670$620$800
South Wentworthville$670$630$775
Auburn - South$650$600$800
North Parramatta$650$640$780
Northmead$650$640$750
Toongabbie - Constitution Hill$650$620$730
Wentworthville - Westmead$650$650$750
Pemulwuy - Greystanes (North)$630$630$750
Pendle Hill - Girraween$630$600$780
Auburn - North$620$600$800
Merrylands - Holroyd$620$620$775
North Rocks$620$720$790
Regents Park$600$580$720
Greystanes - South$600$620$725
Parramatta - South$600$600$750
Guildford - South Granville$580$580$750
Chester Hill - Sefton$570$600$710
Rosehill - Harris Park$560$600$770
Berala$550$550$750
Guildford West - Merrylands West$550$550$700
Fairfield - East$500$500$570

Rents are median advertised asking rents over 12 months. Bedroom splits are reported where enough listings support a reading; a dash indicates too few. Unit rents are shown only for SA2s with sufficient rental stock.

For developers & lenders Suburbtrends is building Development Rates for the Sydney - Parramatta — new-build sale, land and construction rates per sqm by SA2, with traced site purchases and MCG-prepared cost bands. Join the waitlist →

How this data is compiled

Suburbtrends compiles transaction, listings and rental records monthly across every SA2, SA3 and SA4 in Australia. Medians and percentiles are calculated on a 12-month rolling basis; vacancy follows the Suburbtrends Vacancy Index methodology (vacant rental listings as a share of total rental stock, rolling 3 months). Development Rates covers completed strata projects of 4–40 dwellings, with each project's site purchase traced through the title record to derive the land component. Thin markets are flagged and 12-month changes suppressed where sample sizes do not support them. Boundaries follow the ABS ASGS Edition 3. This page was last updated with data to May 2026, and is refreshed in the first week of every month.

Kent Lardner, Head of Research at Suburbtrends
Kent Lardner
Head of Research, Suburbtrends · 30+ years in property data analytics

Kent's research is regularly cited in the Australian Financial Review, news.com.au and industry media. He previously led data science teams at major property data firms and founded Suburbtrends to publish independent, suburb-level market research. Full profile and press citations →

© 2026 Suburbtrends · Independent Australian property research · Market data on this page may be cited with attribution to Suburbtrends and a link to this URL. Development Rates figures shown are headline regional rates; figures are estimates derived from transaction and title records and do not constitute financial advice.