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Rent in North Parramatta and North Rocks (2151)

The median new lease in 2151 was $675 a week in January–September 2026, from 563 leases lodged with NSW Fair Trading. That is 16% below the Sydney median of $800, and 44th cheapest of 218 Sydney postcodes.

Rent by type of home

Houses lease for a median $758 a week here and units for $620. Only home types with at least 10 new leases in January–September 2026 are shown.

HomeMedian rent ($/wk)New leases
1-bedroom unit$58047
2-bedroom unit$610265
3-bedroom unit$75060
1-bedroom house$40011
2-bedroom house$65035
3-bedroom house$80045
4-bedroom house$93027
5-bedroom house$1,10013
3-bedroom townhouse$85044

How rent has changed since 2021

Rent on a new lease here rose 62% in five years, from $416 a week in January–September 2021 to $675 in January–September 2026, in line with the Sydney-wide rise of 60%. Over the past year it rose 7%, against a 7% rise across Sydney.

$400$500$600$700$800$900202120222023202420252026Sydney $8002151 $700
2151Greater Sydney
Median weekly rent on new leases by quarter. Quarters with fewer than 15 leases in 2151 are left out. Source: NSW Fair Trading.

How much of a local wage the rent takes

A year of rent at the median takes 40% of one average local wage of $88,140, compared with 46% across Sydney. That is the 171st heaviest burden of 218 Sydney postcodes, below the city average. Housing costs above 30% of income are widely treated as housing stress; a household with two average wages would spend about 20%.

Wage: average salary and wages of all residents of 2151 in ATO Taxation Statistics 2023–24, indexed to 2026 with the NSW Wage Price Index. Renters usually earn less than the average resident, so the real burden for renters is likely higher.

Getting your bond back

Of the 592 bonds refunded in 2151 in January–September 2026, 62% went back to the tenant in full and 12% went entirely to the landlord or agent. Across Sydney the figures are 63% and 12%, so tenants here are less likely than average to get their whole bond back (rank 133 of 214, where 1 is the highest full-refund rate).

The median bond was held for 749 days, about 25 months, compared with 575 days across Sydney. Bond records don't say why money went to the landlord: it can cover damage, cleaning or unpaid rent.

Compared with the region and Sydney

2151 is in the Parramatta region, where the median new lease is $710 a week.

Median rent5-yr changeRent burdenFull bond back
2151$675+62%40%62%
Parramatta$710+61%47%55%
Greater Sydney$800+60%46%63%

Other postcodes in Parramatta

Source: NSW Fair Trading rental bond data (new leases and bond refunds, 2021–2026); ATO Taxation Statistics 2023–24. See the methodology for how these figures are calculated.