15/69-71 High Street, Parramatta NSW 2150

North-facing balcony | 91m² boutique apartment | Parramatta CBD walkable | 70% renters nearby This unit offers a rare combination of size and orientation for its price point. The 91m² floorplan is well above typical two-bedroom apartments in Parramatta, and the north-facing balcony with leafy outlook provides a genuine living edge that most new stock lacks. The strong rental profile,70% renters in the building and a median yield near 4%,signals consistent demand, making this suitable for an investor seeking stable cash flow or an owner-occupier wanting space without a house price. The modern kitchen and bathroom reduce immediate capital outlay, and the secure boutique complex adds a layer of exclusivity that supports resale. The primary risk is the 2016 purchase price of $545,000, meaning current estimates around $566,000–$580,000 represent only modest capital growth over nearly a decade. This suggests limited upside in the short term unless the Parramatta Square renewal or Metro completion drives broader price movement. The 70% renter mix may also affect owner-occupier appeal and lending appetite. However, the 91m² footprint and north aspect are scarce in this corridor, creating a hold-for-income strategy that outperforms smaller units. Buyers should negotiate firmly, targeting below the $580,000 Domain midpoint, and treat this as a long-term rental hold with optional owner-occupancy later.