Suburb Comparison · Government Data

Newcastle NSW vs Parramatta NSW: Property Investment Comparison

NSW · 2300  |  NSW · 2150

Newcastle, NSW
70
Strong
out of 100
VS
Parramatta, NSW
62
Good
out of 100

Newcastle vs Parramatta — Head-to-Head Comparison

Metric Newcastle Parramatta Winner
Median Sale Price $909,000 $641,250 Newcastle ✓
Median Weekly Rent (ABS est.) $670/wk $685/wk Parramatta ✓
Gross Rental Yield 3.8% 5.5% Parramatta ✓
1yr Price Growth — -41.8% —
5yr Price Growth — — —
👥 Population 3,852 30,211 Parramatta ✓
💵 Median HH Income $101,036/yr $108,784/yr Parramatta ✓
Renter % 68% 88% Parramatta ✓
Investment Score 70 62 Newcastle ✓

Newcastle — Score Breakdown

Yield 11/25
Growth 20/20
Renter Demand 16/15
Affordability 4/15
Income Stability 4/10
Liquidity 10/10
Confidence 5/5

Parramatta — Score Breakdown

Yield 19/25
Growth 2/20
Renter Demand 16/15
Affordability 8/15
Income Stability 4/10
Liquidity 10/10
Confidence 5/5
📋 Newcastle Demographics (ABS 2021)
Population
3,852
Median Income
$101,036/yr
Median Age
41
Renter %
68%
Dwellings
1,632
📋 Parramatta Demographics (ABS 2021)
Population
30,211
Median Income
$108,784/yr
Median Age
32
Renter %
88%
Dwellings
9,376
Newcastle Recent Sales
386 King St, Newcastle NSW 2300 $955,000
2026-06-11
18 Brown St, Newcastle NSW 2300 $145,000
2026-06-10
3 King St, Newcastle NSW 2300 $700,000
2026-06-05
60 King St, Newcastle NSW 2300 $701,000
2026-06-05
5 Merewether St, Newcastle NSW 2300 $1,300,000
2026-06-05
Parramatta Recent Sales
78 Great Western Hwy, Parramatta NSW 2150 $490,000
2026-06-11
180 George St, Parramatta NSW 2150 $786,500
2026-06-11
4 Peace Lane, Parramatta NSW 2150 $570,000
2026-06-11
42 Macarthur St, Parramatta NSW 2150 $683,000
2026-06-11
3 Sorrell St, Parramatta NSW 2150 $750,000
2026-06-10
Based on government data
Newcastle scores higher for investment potential
With an investment score of 70/100 and 3.8% gross yield, Newcastle ranks ahead on our composite scorecard covering yield, affordability, renter demand, income stability, and liquidity.

Not financial advice. Always do your own due diligence.

Newcastle full profile → Parramatta full profile →
Compare a different pair
POPULAR COMPARISONS
Frankston VIC vs Thurgoona NSW Parramatta NSW vs Blacktown NSW Orange NSW vs Bathurst NSW Geelong VIC vs Ballarat VIC Gosford NSW vs Newcastle NSW Mosman NSW vs Manly NSW Chisholm NSW vs Lochinvar NSW

Newcastle vs Parramatta — Frequently Asked Questions

Is Newcastle or Parramatta better for property investment?
On our composite scorecard, Newcastle scores 70/100 and Parramatta scores 62/100, weighing yield, growth, renter demand, affordability, income stability and data confidence. Treat this as a shortlist signal and verify independently.
Which has a higher rental yield, Newcastle or Parramatta?
Newcastle shows an indicative gross yield of 3.83% versus 5.55% for Parramatta, based on public price and rent data.
What is the median house price in Newcastle vs Parramatta?
The median sale price is approximately $909,000 in Newcastle and $641,250 in Parramatta from government public records.
Compare up to 5 suburbs — unlock Pro

Pro also includes Buy Box builder, suburb alerts, deal workbook, and monthly market reports.

Upgrade — $19/month →