Parramatta vs The Ponds
Property investment comparison - Parramatta, NSW 2150 vs The Ponds, NSW 2769
Head-to-head across core investment metrics: Parramatta wins 3, The Ponds wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Parramatta | The Ponds |
|---|---|---|
| Median house price | $1.6M | $1.6M |
| Median unit price | $620K | $1.2M |
| Gross rental yield (houses) | 2.37% | - |
| Gross rental yield (units) | 5.70% | 2.22% |
| 1-year house growth | -0.6%estimate | -0.2% |
| 3-year house growth | - | +5.6% |
| Vacancy rate | 1.4% | 2.2% |
| Population | 30,211 | 16,315 |
Parramatta vs The Ponds: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.6M in Parramatta and $1.6M in The Ponds.
For units, Parramatta sits at a median of $620K against $1.2M in The Ponds, which makes Parramatta the more affordable unit market and The Ponds the pricier one.
Over the past year house prices moved -0.6% in Parramatta (an estimate) and -0.2% in The Ponds, so recent momentum favours The Ponds, while Parramatta went backwards.
Rental vacancy is 1.4% in Parramatta and 2.2% in The Ponds, so landlords in Parramatta face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Parramatta is the bigger suburb, with a population of 30,211 against 16,315, larger than The Ponds; a larger suburb usually means a deeper pool of buyers and tenants.
In short: The Ponds for recent price momentum, Parramatta for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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