2/76 Great Western Highway, Parramatta NSW 2150

Large 199m² flat in Parramatta | strata lot with courtyard and deck | steady 3-4% annual complex growth | no overlays or flood risk This unit’s standout advantage is its 199m² internal size, nearly double the typical 119m² peers in the same complex, giving it a rare floorplate that functions more like a small house. The courtyard, deck, and fully fenced layout add private outdoor space uncommon in Parramatta apartments, which strengthens its appeal to owner-occupiers seeking space without moving to a house. The complex’s consistent 3-4% annual appreciation and low owner turnover suggest stable demand, and the property suits a buyer wanting long-term hold with renovation upside or a tenant profile of professionals needing room and parking. The main risk is the 26-year gap since last sale, meaning the unit may carry deferred maintenance or outdated finishes that a buyer must fund. With Domain estimates wide at $450k–$610k and Property.com.au higher at $650k–$685k, pricing clarity is weak, and the buyer should negotiate based on recent $470k–$575k sales of smaller units, adjusting upward for size but not premium. Strata fees are not disclosed, and a 27% owner cohort under three years could indicate churn. Hold this property as a long-term home or stable rental, targeting value-add through cosmetic updates to capture the size advantage.