Parramatta Rd, Homebush NSW 2140
Living on Parramatta Rd, Homebush NSW 2140 means residing on a highway with a 60km/h speed limit. The street is dominated by apartments, which make up 96.7% of the residential stock. Notable developments include the 434-lot project at 6 Parramatta Rd and the 158-lot complex at 19 Parramatta Rd. There are insufficient recent house sales to calculate a reliable comparison against the suburb median, so buyers should compare recent sales of individual homes on the street against nearby comparable properties. Eight homes have a flood overlay, 10 are recommended for a flood check, and 1 is near high-voltage infrastructure.
The mix of houses and apartments (units) that make up the Parramatta Rd, Homebush NSW 2140 property market.
The road classification and posted speed limit along Parramatta Rd, Homebush NSW 2140. Road class and speed limit can each vary from section to section; the dominant setting along the street is shown here.
"Houses" in this report includes detached houses, duplexes, and terraces.
See which key planning overlays and environmental risks affect this street before you buy.
Actual house sales on Parramatta Rd, Homebush NSW 2140 over the past 5 years, plotted against the Homebush NSW 2140 median house price trend over the same period.
Actual apartment (unit) sales on Parramatta Rd, Homebush NSW 2140 over the past 5 years, plotted against the Homebush NSW 2140 median apartment price trend over the same period.
The largest apartment projects on Parramatta Rd, Homebush NSW 2140, ranked by number of lots.
90 popular apartments on Parramatta Rd, Homebush NSW 2140
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Common questions about living on and buying property on Parramatta Rd, Homebush NSW 2140 — lifestyle, transport, and the local housing market.
Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.
Is Parramatta Rd an expensive or affordable street relative to Homebush?
There are insufficient recent house sales on Parramatta Rd to calculate a reliable premium or discount against the Homebush average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.
What are the risk and overlay factors on Parramatta Rd?
There are 8 properties within a flood overlay, 10 recommended for a flood check, and 10 with no flood risk identified or not mapped. One property sits near high-voltage powerlines. There is no bushfire or heritage overlay on the street. A flood overlay or recommended flood check does not necessarily mean a property floods, but it is worth reviewing council mapping, flood reports and insurance costs before purchasing.
Are properties on Parramatta Rd mostly on high, level or low ground?
There is no house/duplex/terrace elevation data available for Parramatta Rd, so the site height relative to the street is unknown. Buyers should assess the specific property rather than relying on the street average.
What type of road is Parramatta Rd?
Parramatta Rd is classified as a highway with a 60 km/h speed limit, and 86% of the residential stock fronts this dominant section. A highway generally carries more through traffic, which may influence noise levels for homes directly fronting the road.
Is Parramatta Rd mostly houses or apartments?
Parramatta Rd has 1046 residential properties, with 96.7% being apartments and 2.7% being houses. The street is predominantly apartments.
What are the major apartment developments on Parramatta Rd?
The major apartment developments on Parramatta Rd include 6 Parramatta Rd (434 lots, 18 levels, built 2016), 19 Parramatta Rd (158 lots, 9 levels, built 2017), and 117 Parramatta Rd (152 lots, 9 levels, built 2017). These developments contribute to the street's apartment presence or higher-density residential character.
How many properties have sold on Parramatta Rd?
48 apartments sold in the past 12 months, while no houses sold in the same period. The 5-year turnover rate is 27.9% for apartments, while house turnover data is unavailable. Turnover measures the proportion of properties that changed ownership during the past five years.
Is Parramatta Rd a good street to buy property on?
Parramatta Rd is primarily suited for apartment buyers, given that 96.7% of the residential stock consists of apartments. It may also suit buyers comfortable with a highway environment, as 86% of homes front a 60 km/h highway. The street is less aligned with buyers seeking detached houses, as only 2.7% of the stock falls into that category.
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