Harris Park is a mid-sized suburb in New South Wales within the Parramatta local government area (postcode 2150). With a population of 5,043, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $93K per year, with an average household size of 2.5 people. The most common occupations are professionals, labourers, machinery operators & drivers. The top ancestries reported are Indian, English, Chinese.
The median house price in Harris Park is $2.1 million, having surged 69.4% over the past year. Units have a median price of $541,000 (+7.1% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,750.
Harris Park is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1062, which is above the national average of 1,000. Public transport access includes 2 rail stations, 16 bus stops. The crime rate in the Parramatta LGA is below average at 3,186 incidents per 100,000 population.
From an investment perspective, Harris Park offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.4x is considered stretched. House prices have moved +69.4% year-on-year.
Harris Park is a mid-sized suburb in New South Wales within the Parramatta local government area (postcode 2150). With a population of 5,043, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $93K per year, with an average household size of 2.5 people. The most common occupations are professionals, labourers, machinery operators & drivers. The top ancestries reported are Indian, English, Chinese.
The median house price in Harris Park is $2.1 million, having surged 69.4% over the past year. Units have a median price of $541,000 (+7.1% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,750.
Harris Park is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1062, which is above the national average of 1,000. Public transport access includes 2 rail stations, 16 bus stops. The crime rate in the Parramatta LGA is below average at 3,186 incidents per 100,000 population.
From an investment perspective, Harris Park offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.4x is considered stretched. House prices have moved +69.4% year-on-year.