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Invest Parramatta News, September 2018 Economic Quarter Snapshot

Gross Regional Product and Local Jobs by City Map and Graph

City of Parramatta’s population is growing at nearly double the national rate, and is attracting record investment with economic growth expected to more than double in the next 4 years.

 


Jobs Activity and Gross Regional Product Figures September Quarter
Jobs Activity  and Gross Regional Product Figures September Quarter 2018/19

The City’s GRP represents 4.6% of the state’s Gross State Product and our largest industry is Healthcare & Social Assistance.

 


Industry Non Residential Building Approvals

In 2018, the Parramatta Office Market vacancy rate is 3.2%, well below the 10-year average of 7.5%.

 


 

 

Building Approvals Value
Building Approvals Value September Quarter 2018/2019

New infrastructure including Parramatta Light Rail, Sydney Metro West, Sydney University Campus and the Museum of Applied Arts & Sciences will continue to underpin strong economic growth in Parramatta.