Telopea is a former housing commission suburb undergoing dramatic transformation, with the NSW Government's Telopea Priority Precinct delivering 5,000+ new homes, a new Metro City station, and significant public domain upgrades. The precinct's transformation has already driven significant land price rerating, with investors and owner-occupiers recognising its proximity to Parramatta CBD and improving connectivity as a compelling long-term value proposition. At the current $1.65m median house price, an 80% loan at 6.25% over 30 years is about $8,127 per month.
| Median house price | $1,650,000 |
|---|---|
| Median unit price | $810,000 |
| Estimated monthly repayment | $8,127 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6.5% |
| Gross rental yield | 3.7% |
| Typical days on market | 19 |
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