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Parramatta Rd, Leichhardt NSW 2040

Street

Street Summary

Parramatta Rd, Leichhardt NSW 2040 carries highway traffic with a 60km/h limit, where 97.4% of residential stock fronts this dominant road. The street is predominantly apartment living at 66.2%, with houses making up 21.2%. 17 homes are heritage-listed and 8 are recommended for a flood check. One home sits level with the street. Major developments include 347 Parramatta Rd with 41 lots, 469 Parramatta Rd with 37 lots, and 14 Jarrett St with 32 lots. There are insufficient recent house sales to calculate a reliable comparison against the suburb median.


PART 1
Street Profile

Property Type Mix

The mix of houses and apartments (units) that make up the Parramatta Rd, Leichhardt NSW 2040 property market.

Houses vs Apartments151 total lots
21.2%
66.2%
12.6%
Houses (21.2%)
Apartments (66.2%)
Townhouses/Villas/Unclassified (12.6%)

Street Class & Speed Limit

The road classification and posted speed limit along Parramatta Rd, Leichhardt NSW 2040. Road class and speed limit can each vary from section to section; the dominant setting along the street is shown here.

Dominant road class & speed limitHIGHWAY · 60 km/h97.4% of properties front this section

PART 2
Houses

"Houses" in this report includes detached houses, duplexes, and terraces.

Land Topography

How house lots on Parramatta Rd, Leichhardt NSW 2040 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.

High-side vs low-side house lots
Flat
1 lots
High-side (1m above)
Flat
Low-side (1m below)

Risks &Overlays

See which key planning overlays and environmental risks affect this street before you buy.

Heritage
17 houses affected
Bushfire
0 houses affected
Flood
0 houses affected
High voltage power line
0 houses affected

Street Sales - Houses

Actual house sales on Parramatta Rd, Leichhardt NSW 2040 over the past 5 years, plotted against the Leichhardt NSW 2040 median house price trend over the same period.

Street sales vs suburb median
Suburb Median Price
$0$1.3M$2.5M$3.8M$5.0MSept 21May 23Jan 25Sept 26$1.8M · 2022$1.9M · 2023$2M · 2024$2.2M · 2025$2.2M · 2026
Turnover rate0%Past 5 years

PART 3
Apartments

Street Sales - Apartments

Actual apartment (unit) sales on Parramatta Rd, Leichhardt NSW 2040 over the past 5 years, plotted against the Leichhardt NSW 2040 median apartment price trend over the same period.

Street sales vs suburb median
Street SalesSuburb Median Price
$0$500k$1.0M$1.5M$2.0MSept 21May 23Jan 25Sept 26$900k · 2022$875k · 2023$920k · 2024$916k · 2025$870k · 2026$715k · 2022-07-22 · 1/469 PARRAMATTA RD, LEICHHARDT NSW 2040$1.2M · 2022-04-07 · 20/469 PARRAMATTA RD, LEICHHARDT NSW 2040$998k · 2023-06-06 · 22/469 PARRAMATTA RD, LEICHHARDT NSW 2040$710k · 2025-12-19 · 28/469 PARRAMATTA RD, LEICHHARDT NSW 2040$885k · 2022-05-06 · 30/469 PARRAMATTA RD, LEICHHARDT NSW 2040$515k · 2023-09-07 · 7/283 PARRAMATTA RD, LEICHHARDT NSW 2040$580k · 2025-05-16 · 6/283 PARRAMATTA RD, LEICHHARDT NSW 2040
Apartment sales1Past 12 months
Turnover rate7%Past 5 years

Largest Apartment Projects

The largest apartment projects on Parramatta Rd, Leichhardt NSW 2040, ranked by number of lots.

1
347 PARRAMATTA RD, LEICHHARDT NSW 2040Small-Medium project (20-50 lots)
2
469 PARRAMATTA RD, LEICHHARDT NSW 2040Small-Medium project (20-50 lots)
3
14 JARRETT ST, LEICHHARDT NSW 2040Small-Medium project (20-50 lots)

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Living in Parramatta Rd, Leichhardt NSW 2040 : Street Profile & FAQs

Common questions about living on and buying property on Parramatta Rd, Leichhardt NSW 2040 — 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 Leichhardt?

There are insufficient recent house sales on Parramatta Rd to calculate a reliable premium or discount against the Leichhardt 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 is no bushfire or high-voltage powerline overlay on Parramatta Rd. One home is heritage-listed, which typically means renovations, extensions, or exterior changes may require additional council approval. Eight properties are recommended for a flood check, while 24 have no flood risk identified or are not mapped. 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?

1 homes sit level with the street. Different site heights relative to the street can influence site characteristics, but 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 97.4% of the residential properties on the street front this dominant road section. Highway classification generally means the road carries more through traffic, which may influence traffic or noise levels.

Is Parramatta Rd mostly houses or apartments?

There are 151 residential properties on Parramatta Rd. Apartments make up 66.2% of the street, while houses account for 21.2%. The street is predominantly apartments.

What are the major apartment developments on Parramatta Rd?

The major apartment developments on Parramatta Rd include 347 Parramatta Rd with 41 lots across 4 levels, 469 Parramatta Rd with 37 lots across 4 levels built in 2006, and 14 Jarrett St with 32 lots across 3 levels built in 2003. These developments contribute to the street's apartment presence or higher-density residential character.

How many properties have sold on Parramatta Rd?

One apartment has sold in the past 12 months, while no houses have sold. The 5-year turnover rate for apartments is 8%, while no turnover data is available for houses. 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 a highway fronting street with a predominantly apartment profile, making it aligned with apartment buyers or those comfortable with a collector or arterial road. The presence of one heritage-listed home means some properties may have renovation restrictions. With only one apartment sale in the past 12 months and an 8% five-year turnover rate, the market is relatively quiet.