1604/45 Macquarie Street, Parramatta NSW 2150
1604/45 Macquarie Street, Parramatta NSW 2150
This 1-bedroom, 1-bathroom apartment / unit with 1 car spaces on a 2768 sqm block is positioned in Parramatta NSW. The property is ideal for low-maintenance living with convenient access to local amenities.
Market Insight:
Parramatta’s demand is fuelled by its official second-CBD status, major transport and precinct builds (Metro West, Light Rail, Westmead health, retail towers) and the steady intake of workers, students, health professionals and downsizers chasing CBD-type connectivity at a lower entry point. Long-term opportunity remains in the massive employment and housing pipeline (Melrose Park, Parramatta North, BTR towers) but the near-term risk is that the surge of planned supply could drag on rental growth and cap upside if absorption slows. Prices over the last six months have been broadly flat – house medians near $1.5 million ticked up marginally while units sit around $620k with little movement – so buyers are investing for ongoing urbanisation rather than sprint gains.