As Sydney’s Metro West project moves closer to completion, real estate experts are eyeing its potential impact on Parramatta’s struggling office sector, drawing parallels to North Sydney’s recent absorption boom.

New data from RWC Western Sydney shows that after the Sydney Metro opened, North Sydney recorded a remarkable 27,798sqm of positive net absorption, marking a sharp increase in demand. With Metro West set to revolutionise connectivity between Sydney CBD and Parramatta, many are asking whether the infrastructure project could be the lifeline the commercial market desperately needs.

“The impact of Metro connectivity on office demand is undeniable,” said Peter Vines, Managing Director at RWC Western Sydney. “North Sydney’s market resurgence proves that infrastructure can reshape tenant demand, and we expect Metro West will do the same for Parramatta.”

While B-grade office vacancies remain at historic highs (41.3%), experts believe the arrival of Metro West could shift leasing momentum. “If businesses see Parramatta as a more accessible and connected destination, we could see absorption rates rise, particularly for high-quality office assets,” Vines added.

With tenant decision-making increasingly tied to transport accessibility and lifestyle amenities, Metro West could play a pivotal role in reversing declining office demand and supporting new investment into Parramatta’s commercial property market.
For a full breakdown of the data and insights, read the full report here.