412/354-366 Church Street, Parramatta NSW 2150
412/354-366 Church Street, Parramatta NSW 2150
One-bed plus study on level four | Secure Parramatta CBD building | Undercover balcony included | Contemporary finishes throughout
This apartment’s one-bedroom-plus-study configuration is competitively stronger than a standard one-bedroom unit because the study adds genuine versatility for someone who works from home or needs a defined second zone. Positioned on level four in a secure Parramatta CBD complex, the property sits within walking distance of the train station, Westfield, and the dining precinct, which supports both convenience and ongoing rental appeal. The open-plan living and dining area with an undercover balcony gives it a practical outdoor extension, and the built-in wardrobe in the bedroom is a basic but expected feature. This unit best suits a first-home buyer or investor seeking a low-maintenance, centrally located apartment with a layout that feels slightly more spacious than a plain one-bedroom.
The contemporary finish level and secure building are positive signals, but the property’s value may be influenced by the building’s age and on-site amenities. Without confirmed strata levies, parking, or lift access, a buyer should verify these costs and inclusions before forming a price view. The undercover balcony and study are desirable, but the absence of confirmed aspect or outlook means the unit’s light and privacy could vary. A thorough inspection and building report are recommended to assess noise, natural light, and any upcoming special levies.
Detailed Independent Property Report prepared by PropCred Analyst team for 412/354-366 Church Street, Parramatta NSW 2150
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
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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.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
-
Land
1776m²
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