Be A Part Of Parramatta’s Growth
An Urban Transformation Unrivalled In Australia
Parramatta is already an economic powerhouse. Its $29 billion GRP annual economy is Australia’s third-largest behind Sydney and Melbourne. Its annual growth rate exceeds 3%, outpacing the NSW average of 2.48%.
Economic indicators point to continued growth while the population is expected to continue to grow at 4.5%.View The Quarterly Economy-ID Statistical Insights
Half Price Corporate Office Space
Businesses Have Less General Costs In Parramatta
Over the next four years, Parramatta will become a $1 million square metre CBD. At an average $520 per square metre, office space in Parramatta is almost half the price in the Sydney CBD where it costs $1030 per square metre.
It's a compelling narrative for executives to consider expanding in or relocating to Parramatta.Explore Floor Space And Use On The City Map
For Two Million Workers It's A 30-Minute Commute
Connecting Workers to Workplaces More Quickly And Easily
New residential developments, a new state-of-the-art transport interchange, Light Rail and Sydney Metro West have created a network that links two million people to the Parramatta CBD within a 30-minute commute.
Since it's an easy commute for more than half of the Greater Sydney population it becomes a compelling economic case for establishing, relocating or expanding in Parramatta.Rail Projects & Western Sydney Aerotropolis
Local, Diverse, Professional Talent
Younger, More Professional, Corporate
Parramatta’s workforce is becoming increasingly more professional with 60% now working in professional, administrative or management roles. The population is expected to grow from 250,000 to 400,000 by 2036 becoming home to more young families and urban professionals.
This diverse workforce will become younger, more professional and corporate presenting business with a rich pool of qualified, experienced and educated local professionals who prefer to work close to home.View The Quarterly Economy-ID Labour Market Statistics