Thanks to rapid developments and an increasingly thriving business environment, Parramatta is no longer an alternative to Sydney’s centre. Rather, it has grown into a reputable business destination in its own right. With growing demand for accessible and modern offices, more businesses are focusing on this increasingly competitive location.
Today, more businesses are moving to office space in Parramatta because it’s affordable, connected and ready for the future as they establish or expand their operations.
Across every key metric, such as connectivity, infrastructure, talent, and cost, Parramatta continues to prove why it stands as Sydney’s second CBD. Interested to start your venture in Parramatta? Learn more about it below!
What Makes Parramatta a CBD?
Parramatta’s rise is no accident. Thanks to the NSW Government investing heavily in new infrastructure and transport, Parramatta Square is now a hub of modern offices, civic buildings, and government departments. Projects like Metro West and the Light Rail are slashing travel times, connecting Parramatta to the rest of Sydney.
It’s no surprise office space for rent in Parramatta is in high demand—businesses get big-city access without the inner-city hassle.
Major Employers and Institutions
Parramatta is now home to key NSW government departments like Education, Planning, and Transport. Their move has drawn in legal, finance, and consulting firms keen to be close to major decision-makers.
Add Western Sydney University and the Westmead Health Precinct into the mix, and you’ve got a steady flow of professionals from students and researchers to healthcare specialists. It’s a thriving blend of public and private sectors, driving strong demand for workspaces right in the heart of Parramatta CBD.
Office Space in Parramatta
More businesses are choosing office space in Parramatta to reduce costs without losing visibility. Areas like Parramatta Square, Church Street, and George Street offer modern, sustainable buildings with top-tier amenities. Servcorp's Serviced offices in Parramatta come fully furnished, with flexible terms and professional reception services, and is perfect for satellite teams, local branches, or growing operations that need agility and polish.
Compared to the city, office space for rent in Parramatta is more cost-effective, helping businesses focus their resources where they matter most. See serviced offices at Parramatta Square
Co-working and Shared Office Space
Hybrid work is now the norm, and Servcorp's co-working space in Parramatta meets the needs of mobile professionals, consultants and smaller teams. These workspaces combine a professional setting with everyday convenience.
Servcorp’s co-working location in Parramatta Square includes:
- High-speed, secure internet
- Access to meeting rooms
- Breakout areas and communal lounges
- Business-grade support services
Shared office space in Parramatta is ideal for people who need structure and support without committing to long-term leases.
Key Developments Shaping the Future
Parramatta is still growing. New commercial buildings, like Towers 6 and 8 in Parramatta Square, are expanding the business district. The relocation of the Powerhouse Museum is adding to the area’s cultural presence. These developments are part of a broader shift. Mixed-use buildings now bring together housing, retail and commercial activity in one place. For businesses, it means being part of a city that’s active, modern and built for growth.
Business Lifestyle and Environment
Parramatta offers more than workspaces. Parramatta offers riverside walking paths, bike lanes, and green space for a balanced workday.
The precinct also includes gyms, banks, childcare, and medical services, helping teams stay productive without leaving the area.
With office space for rent in Parramatta, businesses enjoy a central, well-connected location—minus the stress and congestion of Sydney’s inner city.
Parramatta vs Sydney CBD: The Smarter Move?
Companies once drawn to the Sydney CBD are now rethinking their priorities. Parramatta has emerged as a smarter base for long-term operations.
The benefits include:
- Lease rates that are often 25–30% lower than Sydney CBD
- Shorter commute times for Western Sydney workers
- Easier access to parking and open space
- Close proximity to universities and government offices
- A wider hiring pool within the growing Western Sydney region
Businesses like Murray Bingham’s have already made the move and now operate with more flexibility, less pressure and better access to clients and talent.
Workspaces at Servcorp Parramatta Square
Servcorp provides business-ready solutions in the heart of Parramatta Square. These include:
- Serviced offices with admin support, meeting rooms and reliable networks
- Virtual offices with address registration, mail handling and phone services
- Co-working memberships with secure internet, lounges and breakout areas
Each workspace is supported by an experienced team that helps keep operations smooth and efficient. Compare all workspace options in Parramatta.
Frequently Asked Questions
