Suburb Comparison · Government Data

Parramatta NSW vs Wollongong NSW: Property Investment Comparison

NSW · 2150  |  NSW · 2500

Parramatta, NSW
62
Good
out of 100
VS
Wollongong, NSW
76
Strong
out of 100

Parramatta vs Wollongong — Head-to-Head Comparison

Metric Parramatta Wollongong Winner
Median Sale Price $641,250 $799,000 Wollongong ✓
Median Weekly Rent (ABS est.) $685/wk $635/wk Parramatta ✓
Gross Rental Yield 5.5% 4.1% Parramatta ✓
1yr Price Growth -41.8% — —
5yr Price Growth — — —
👥 Population 30,211 20,446 Parramatta ✓
💵 Median HH Income $108,784/yr $80,548/yr Parramatta ✓
Renter % 88% 69% Parramatta ✓
Investment Score 62 76 Wollongong ✓

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

Wollongong — Score Breakdown

Yield 13/25
Growth 20/20
Renter Demand 18/15
Affordability 8/15
Income Stability 4/10
Liquidity 10/10
Confidence 5/5
📋 Parramatta Demographics (ABS 2021)
Population
30,211
Median Income
$108,784/yr
Median Age
32
Renter %
88%
Dwellings
9,376
📋 Wollongong Demographics (ABS 2021)
Population
20,446
Median Income
$80,548/yr
Median Age
35
Renter %
69%
Dwellings
7,491
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
Wollongong Recent Sales
3 Mercury St, Wollongong NSW 2500 $715,000
2026-06-11
1 Mangerton Rd, Wollongong NSW 2500 $515,000
2026-06-10
30 Staff St, Wollongong NSW 2500 $820,000
2026-06-10
32 Matthews St, Wollongong NSW 2500 $621,000
2026-06-09
77 Kembla St, Wollongong NSW 2500 $970,000
2026-06-09
Based on government data
Wollongong scores higher for investment potential
With an investment score of 76/100 and 4.1% gross yield, Wollongong ranks ahead on our composite scorecard covering yield, affordability, renter demand, income stability, and liquidity.

Not financial advice. Always do your own due diligence.

Parramatta full profile → Wollongong full profile →
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Parramatta vs Wollongong — Frequently Asked Questions

Is Parramatta or Wollongong better for property investment?
On our composite scorecard, Parramatta scores 62/100 and Wollongong scores 76/100, 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, Parramatta or Wollongong?
Parramatta shows an indicative gross yield of 5.55% versus 4.13% for Wollongong, based on public price and rent data.
What is the median house price in Parramatta vs Wollongong?
The median sale price is approximately $641,250 in Parramatta and $799,000 in Wollongong from government public records.
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