City of Parramatta Economic Insight Report - December 2019
Building approvals for new residential dwellings increased by 495 in the December quarter from that experienced in the September quarter. The figure of 1,184 approvals was slightly higher (+137) than that achieved in the same quarter the year before.
The median dwelling price in City of Parramatta decreased by $24,000 in the September quarter* to $740,000. This decrease was in contrast with a rise in the Greater Sydney median price experienced during the same period.
The median dwelling price was $30,000 lower than the year before.
*Sales data is significantly lagged in terms of reporting.