53/20 Victoria Road, Parramatta NSW 2150
53/20 Victoria Road, Parramatta NSW 2150
Two-bedroom with two bathrooms | Resort amenities and Coles below | 2011 build near Parramatta CBD | Traffic on Victoria Road a factor | Best suited for professionals
This apartment is considered competitively strong for its two-bathroom layout and full amenity package. Two bathrooms in a two-bedroom unit are relatively rare in Parramatta’s early-2010s stock, and the inclusion of a pool, gym, and barbecue area elevates it above basic accommodation. The ground-floor Coles provides everyday convenience rarely found in residential-only buildings. The property sits in an urban, high-density corridor near the Parramatta CBD and public transport, making it particularly suitable for professionals seeking a lock-and-leave lifestyle or investors targeting high tenant demand. Downsizers may also find appeal due to the secure building and on-site facilities. The 2011 build age ensures modern layouts and services, while the strata lot size of 307 m² reflects a reasonable site context.
Potential buyers should weigh traffic noise from Victoria Road, which may reduce appeal for those prioritizing quiet. The unverified aspect and floor level mean light quality and outlook remain uncertain and could affect value. Strata levies for a building with pool and gym are typically higher than for basic blocks, affecting holding costs. A careful inspection for internal noise and orientation is recommended.
Detailed Independent Property Report prepared by PropCred Analyst team for 53/20 Victoria Road, Parramatta NSW 2150
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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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
2
Bathroom
2
Parking
1
Land
307m²
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