City of Parramatta Economic Insight Report - December 2019

 KEY INSIGHTS  

  • 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.

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