Paramatta (postcode 5558) is a small, quiet locality in South Australia within the Copper Coast local government area. It is home to about 9 residents, with an established family demographic and a median age of 40. Households earn a median income of $123K per year, with an average household size of 2.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The top ancestries reported are English, Australian.
The median monthly mortgage repayment is $1,400.
On the investment side, Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.