124 Thomas Street, Parramatta, NSW 2150 | Property Value & History | OnTheHouse
FOR SALE

124 Thomas Street
Parramatta NSW 2150

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 740m2
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Property Details for 124 Thomas St, Parramatta

124 Thomas St, Parramatta is a 3 bedroom, 1 bathroom House. The property has a land size of 740m2.This Property is currently listed for sale with McGrath Parramatta

Building Type
House
Land Size
740m2
Local Government
City Of Parramatta
Lot/Plan
8/DP7941

Last Listing description (January 2026)

Situated adjacent to Parramatta River and only moments' walk to Parramatta CBD, University of Western Sydney, Parramatta railway station, Rivercat ferry, Westfield Shoppingtown, Rosehill Gardens Racecourse, newly proposed light rail, vibrant eateries & cafes & easy access to M4. This raw potential development site (Subject To Council Approval) presents an outstanding opportunity for astute builders & developers looking to acquire a prime residential site with great resale value in a tightly held city fringe location, these two properties feature:

- Total site area 739m2 (approx.)
- Wide 15.24 metre frontage (approx.)

- High side position with due north to rear aspect
- Zoned R4 high density residential
- FSR 0.8:1 (possibility of higher under Affordable Housing Scheme)
- Height of building up to 11 meters
- Both properties currently leased
- Options to purchase separately or in one line
- Opportunity for unit development, childcare, boarding home or duplex (STCA)

This property is being auctioned on Super Saturday. For more information, please visit https://www.mcgrathsupersaturday.com

Property History for 124 Thomas St, Parramatta, NSW 2150

A timeline of how this property has performed in the market
Last Sold
$800,000
18 Dec 2013
Listed for Rent
$590/w
01 Feb 2020
  • 06 Jan 2026
    Listed for Sale Super Saturday Auction
  • 26 Dec 2019
    Listed for Rent $600 / week
  • 09 Dec 2015
    Listed for Rent - Price not available
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About Parramatta 2150

The size of Parramatta is approximately 5.5 square kilometres. It has 29 parks covering nearly 23.8% of 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 20,862 properties. Over the last 5 years, Houses in Parramatta have seen a 38.05% increase in median value, while Units have seen a 9.52% increase. As at 31 December 2025:

  • The median value for Houses in Parramatta is $1,673,916 while the median value for Units is $630,491.
  • Houses have a median rent of $620 while Units have a median rent of $680.
There are currently 167 properties listed for sale, and 137 properties listed for rent in Parramatta on OnTheHouse. According to Cotality's data, 975 properties were sold in the past 12 months in Parramatta.

Suburb Insights for Parramatta 2150

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.