126 Thomas Street, Parramatta, NSW 2150 | House for sale | OnTheHouse
 
FOR SALE
$2,200,000 to $2,400,000

126 Thomas Street
Parramatta NSW 2150

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 740m2
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Prime High-Density R4 Development Site in a Blue-Ribbon Riverbank Location

Perfectly positioned on the high side of the street in one of Parramatta's highly sought-after riverbank precincts, this exceptional development opportunity is just a short stroll from Parramatta CBD, Western Sydney University, Parramatta Railway Station, RiverCat Ferry Wharf, Westfield Parramatta, Rosehill Gardens Racecourse, the Parramatta Light Rail, vibrant cafés and restaurants, while also offering easy access to the M4 Motorway.
Offering outstanding development potential (STCA), this rare city-fringe landholding presents an exceptional opportunity for builders, developers and investors to secure a premium residential site in one of Western Sydney's fastest-growing and most tightly held locations.
Property Highlights:
- Zoned R4 High Density Residential
- Total land area of approximately 739.8sqm
- Wide 15.24-metre frontage (approx.)
- Elevated position with a desirable north-facing rear aspect
- Floor Space Ratio (FSR) of 0.8:1, with potential for increased density under the Affordable Housing Scheme (STCA)
- Maximum building height of 11 metres
- Outstanding potential for apartments, a childcare centre, boarding house, duplex or other permitted developments (STCA)
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Property Details for 126 Thomas St, Parramatta

126 Thomas St, Parramatta is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 740m2. The place is currently for sale with Ray White Parramatta.

Building Type
House
Land Size
740m2
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About Parramatta 2150

The size of Parramatta is approximately 5.5 square kilometres. There are 29 parks, covering nearly 23.8% of the total area. The population of Parramatta in 2016 was 25798 people. By 2021 the population was 30211 showing a population growth of 17.1% in the area during that time. The predominant age group in Parramatta is 30-39 years. Households in Parramatta are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parramatta work in a professional occupation.In 2021, 27.60% of the homes in Parramatta were owner-occupied compared with 28.10% in 2016.

Parramatta has 21,366 properties. Over the last 5 years, Houses in Parramatta have seen a 20.57% increase in median value, while Units have seen a 7.27% increase. As at 30 June 2026:

  • The median value for Houses in Parramatta is $1,631,940 while the median value for Units is $633,938.
  • Houses have a median rent of $720 while Units have a median rent of $670.
There are currently 221 properties listed for sale, and 142 properties listed for rent in Parramatta on OnTheHouse. According to Cotality's data, 982 properties were sold in the past 12 months in Parramatta.

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Steven Fan
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Ray White Parramatta
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