2001/45 Macquarie Street, Parramatta NSW 2150
2001/45 Macquarie Street, Parramatta NSW 2150
1 bed + study | premium tower | city views | generous floorplan | strong rental profile
This apartment sits in a stronger position than most one-bedroom stock in Parramatta. The V by Crown tower provides a quality envelope, and the 20th floor aspect with sweeping city and district views is genuinely uncommon for a one-bedroom format. The floor area of 65 to 80 square metres is generous, and the inclusion of a separate study, gas kitchen, ducted air, and a wide enclosed balcony lifts it above standard entry-level product. The building amenities are resort-style, and the rental estimate around seven hundred to seven-fifty per week suggests strong demand from professionals and downsizers. This property serves the owner-occupier who wants a liveable, amenity-rich home in the CBD core, and the investor who values yield and tenant appeal.
The reported floor area discrepancy between sources may affect how lenders or buyers perceive value, so a physical measurement or floor plan confirmation is worth pursuing. The flood and heritage overlays are planning constraints that may influence insurance costs or future development potential on the site, though the building itself is established. Strata fees at thirteen hundred per quarter are reasonable for the amenity offered, but should be checked for any upcoming special levies. The 2017 last sale date means the current price expectation may not reflect recent market movement, so a buyer should compare with recent sales in the same building rather than broader suburb data.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2001/45 Macquarie Street, Parramatta NSW 2150
Market Insight:
Parramatta is a major commercial hub with strong rental demand, particularly for affordable units which attract first-home buyers and investors. The house market, positioned in the premium segment, faces affordability pressures. Recent price trends show divergence, with house values experiencing correction while units demonstrate relative stability. Future growth is underpinned by significant infrastructure investment and its established role as an employment centre, though high investor concentration in certain unit stock and sensitivity to interest rates present key market constraints.