5 Tristram Street, Ermington NSW 2115

Ermington continues to attract buyers because turnover data show demand rose 17% for houses and 7% for units, pointing to persistent appetite for family-friendly parcels with easy Parramatta access even while listings stay constrained. Houses trade around the $1.95 million mark with essentially zero 12-month growth while units have lifted about 8.8% and rents have climbed nearly 9%, so the past six months look like a flat-to-modest upswing rather than a sharp retreat. The risk is that low yields (around 2.3%) and any rate reset could temper demand for large homes, but growth opportunities remain in infill or unit redevelopments as smaller dwellings continue to outperform and rental competition strengthens.