Parramatta Health Care
The $2.4 billion Parramatta health care sector, including medical biotechnology, is thriving. It’s the City of Parramatta’s largest employment sector, providing more than 27,000 jobs in 2019-20.
Parramatta Health Care
The health sector is largely concentrated in the Westmead Health Precinct, just three minutes by train from the Parramatta CBD. It services more than a million patients each year for 10% of Australia’s population.
Health Care has had the largest employment growth among all other industries in Parramatta. Most of this growth is due to investment in the Westmead health precinct, with:
- The NSW Government committing more than $3.4 billion
- Universities and the private sector to upgrade and expand the health services
- Medical research facilities, education services and public transport infrastructure in Westmead
The Health Care Sector In Westmead
The Westmead health precinct one of world’s largest health, education and research hubs and the biggest in Australia.
Westmead has four major hospitals, including:
- Westmead Hospital
- The Children’s Hospital at Westmead
- Westmead Private Hospital
- Cumberland Hospital, Westmead
There are more than 1100 full-time equivalent research staff working in Westmead. It has three research institutes, including:
- Westmead Institute for Medical Research
- Children’s Medical Research Institute
- Kids Research
There are 350 complementary health services in Westmead and this is set to increase. Healthcare professionals, researchers and students are within easy walking distance of each other, making collaboration easier. The precinct offers:
- A world-class integrated tertiary clinical core
- An innovation, education and research network
- Hundreds of globally connected private health businesses
Health Education Sector In Parramatta
Health Education Sector In Parramatta
More than 3400 students are studying at the University of Sydney and Western Sydney University campuses in Westmead. Both universities are planning to expand in Westmead. Total investment for these plans is worth almost $1 billion. Student numbers in Westmead are forecasted to grow to 8500 over the next 10 years.
Westmead Redevelopment Project
Westmead Redevelopment Project
The NSW Government has committed more than $900 million for Stage One of the Westmead Redevelopment project, which includes the construction of a new acute services building that will link Westmead Hospital to The Children’s Hospital.
Future Developments In The Parramatta Health Sector
The health sector is expected to grow from 18,000 jobs in 2016 to 50,000 full-time staff jobs by 2036. Deloitte Access Economics projects that the increase in employment by 2036 will deliver $2.8 billion of extra economic output per year.
With the number of people working in Westmead set to grow, so too will the number of people living and socialising in the area. More than 3000 new dwellings will be built.
A total of $5.8 billion of investment is underway in Westmead at various stages over the next decade. This includes:
- $2.4 billion potential development
- $3.4 billion currently being delivered or under planning
Transport Improvements That Will Support The Health Sector
The NSW Government has committed to building a new light rail service that will run from Westmead through to Carlingford, via the Parramatta CBD. Construction is expected to be completed by 2023.
As part of the Sydney Metro West project, the NSW Government has also committed to building a new underground metro station at Westmead, which will improve access to health services and facilities in the area.
Contact us to learn more about local opportunities or to find the right resources that will assist you in being part of Parramatta health and research hubs.