Live local, Invest Local
Parramatta offers the perfect mix for small business success.
A combination of steady population growth, a thriving CBD and $20 billion in investments in developments and infrastructure are creating the ideal economic conditions for small businesses to start, grow and thrive in Parramatta.
Avoid the congestion and expense of a Sydney CBD commute and invest close to home, allowing more time for family and friends and doing the things you love.
More than 20,000 small businesses in the Greater Parramatta region across a range of industries are flourishing in the retail and hospitality sectors, and health and administrative services.
More People, More Development, More Opportunities
A surge in social infrastructure has created an idealistic trading environment for Parramatta's small business economy.
A new sport and major events stadium, the refurbishment of Riverside Theatres and the evolving development of the Parramatta CBD are all driving visitors to the area and encouraging residents and workers to spend their leisure time and dollars in Parramatta.
The relocation of the Powerhouse Precinct with the Museum of Applied Arts and Sciences to the Parramatta River foreshore will drive more than a million extra visitors to Parramatta each year.
There are 7 universities with campuses in the City of Parramatta. Western Sydney University and the University of New England (UNE) are building new campuses in Westmead, driving demand for retail and other local services.
The Parramatta Square and other CBD commercial developments will become the corporate home to tens of thousands of extra workers, opening a range of opportunities for small business. From cafes to hairdressers and accountants to osteopaths, the demand for local services close to home or work is abundant.
The Parramatta night time economy (NTE) is an integral part of the economic, social and cultural future of the City of Parramatta. The City’s NTE was valued at $1.1 billion in 2018, having grown 52% since 2009.
The City of Parramatta’s retail trade sector is worth $1.3 billion. It employed 10,560 workers in 2017–18. Parramatta is already a major retail destination with more than 200,000 square metres in retail floor space.
The accommodation and tourism sector in the City of Parramatta is thriving. Demand for accommodation is increasing annually. Since 2011, overnight stays have almost doubled to more than 5 million in 2017-18.
The Smarter Investment
Lower commercial rents in Parramatta compared to the Sydney CBD means lower overheads and more money to invest in your business.
The talent pool in Parramatta is becoming increasingly professional with 60% of the resident population engaged in managerial, administrative or other professional services.
And with the infrastructure and transport projects happening, soon half of Greater Sydney’s population will be within an easy 30-minute commute of the Parramatta CBD.
The Small Business Programs and workshops offer key learning opportunities and advice to those wishing to start or grow their small business in Parramatta.VIEW TRAINING PROGRAMS
SETTING UP YOUR BUSINESS
The Easy To Do Business Program aims to make it easier for business owners and entrepreneurs to start and grow their small business in Parramatta.VIEW RESOURCES
PARKING IN PARRAMATTA
City of Parramatta operates paid ticket parking that helps visitors to find parking spaces and encourage greater patronage of local businessesVIEW PARKING
READY TO TAKE THE NEXT STEP?
Contact us to learn how you can connect with resources that can assist you relocating, expanding or establishing a small business in Parramatta.