One of the reason why Parramatta prices is low is because of the high crime rates but once this is removed the price will begin to rise. The police head quarter just moved there end of last year on Hassal st, so you would expect the general to do something about it, he wouldn't sit there on his chair and let these things happening in his garden. Plus the government is spending 1.4 billion dollars to redevelop the place…….once everything is in place……i believe Parramatta will be very interesting

Similar comparison can be made to Cabramatta. 10 years ago…. who wants to go there? the crime rates was so high and the price down there was only 100k on average. 10 years later….crime rates is beginning to fall and the average price there is 400k.

About Terry Riders, I belive his research is based on the 'current' Parramatta. As investors we need to look at the future of the area and buy in the lowest state not the highest, and buy time….