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Northmead suburb profile

Northmead is a mature, family-oriented suburb in the City of Parramatta that sits between Parramatta and the Hills District, offering a quiet, leafy feel while remaining well connected to major centres. Its streets are dominated by established, detached houses on generous suburban blocks, alongside pockets of newer townhouses and units, making it popular with growing families and downsizers. Local life centres on small shopping strips, neighbourhood parks and sporting fields, and residents benefit from easy access to the medical and education precincts at Westmead and the broader amenities of Parramatta, with bus and main road links for commuting.

Northmead property market performance

Current median dwelling price$1,098,500Past 3 months

Property growth+2.8%Past 12 months

The median house price is $1.63 million, up a solid 7.3% over the last 12 months. The median unit price is $567,000, down slightly by 1.6% over the last 12 months.

Over the last 3 months 28 houses and 17 units were sold. Over the last 12 months houses spent a median of 42 days on the market and units 28 days, so units sold faster, in a median of 28 days compared with 42 for houses.

The rental market in Northmead saw house rents average $800 a week, up sharply 11.1% over the last 12 months, while unit rents averaged $620 a week, up a solid 5.1% over the last 12 months. House rents grew faster than unit rents.

HousesUnits
Median price
Past 3 months
$1.63M$567K
Change in value
Past 12 months
7.3%-1.6%
Sold
Past 3 months
2817
Median days on market
Past 12 months
4228
Average rent
Past 12 months
$800$620
Change in rent
Past 12 months
11.1%5.1%

5 year median price trend for houses and units

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Northmead demographics

Northmead is home to 11,261 people, with a median age of 39 and a median total household income of $1,924 a week, roughly $100,048 a year.

Families are a dominant feature of the community: couple families with children are the largest group at 47.4%, while couple families without children make up 35.4%. Together those two categories account for 82.8% of reported families. One-parent families represent 15.5% and other families 1.6%.

Homes in Northmead are mostly owner-occupied: about two in three are owner-occupied when owned outright (27.7%) and owned with a mortgage (37.7%) are combined, while renters make up 34.5% of dwellings.

Suburbs near Northmead

Some popular suburbs near Northmead include:

How does Northmead compare to nearby suburbs?

  • Median house prices: Northmead’s median house price is 44.4% higher than North Parramatta’s.
  • Median unit prices: Northmead’s median unit price is 6.2% lower than North Parramatta’s.
  • House price growth: Over the past 12 months, house prices in Northmead have grown 5.9% higher than in North Parramatta.
  • Unit price growth: Property prices in nearby North Parramatta have risen 6.4% more than in Northmead over the past year.
  • Selling speed for houses: Properties in nearby North Parramatta are selling 35.7% faster than in Northmead.
  • Selling speed for units: Properties in Northmead are selling 30.0% faster than in Westmead.
  • Investment considerations: In Northmead, the rental yield for house is 12.9% lower than the Sydney average, while the rental yield for units is 21.1% lower.
  • House price growth: Over the past 12 months, house prices in Northmead have grown 12.2% lower than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Northmead have grown 33.9% lower than the average rate of growth for units across Sydney.

Choose the right real estate agents in Northmead

Choosing the right real estate agent in Northmead can have a big impact on your sale. While there are 64 real estate agents working in the suburb, but just 5 of them were responsible for 55.6% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.75% to 2.63%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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