806/8 Parramatta Road, Strathfield NSW 2135
806/8 Parramatta Road, Strathfield NSW 2135
Top-floor 3-bed apartment | 139 m² modern footprint | Strong rental yield signal | Parramatta Road exposure | Built 2012–2013
This apartment holds a rare position in Strathfield’s newer apartment stock. At 139 m², it is substantially larger than most 3-bed units in the suburb, which typically sit closer to 100–110 m². The top-floor placement, combined with lift access, ducted air-conditioning, and Smeg kitchen finishes, places it above the older walk-up product that dominates the local market. It is best suited to a downsizer or small family who wants modern convenience, secure parking, and proximity to Strathfield station, schools, and retail without maintaining a house. The building’s mixed 1-, 2-, and 3-bed layouts also support broad resale demand from investors and owner-occupiers alike.
The most material factor is the Parramatta Road frontage, which may introduce traffic noise and a busier streetscape than quieter internal streets. That could temper price growth compared to equivalent apartments set further back. The reported rental yield of around 7% for the building suggests strong income potential, though actual rent for a 3-bed will depend on level and aspect. The eastern or northern orientation seen in nearby units may add value, but the specific aspect of 806 is not confirmed. The building’s early-2010s construction is now entering a phase where maintenance levies may rise, so the strata financials should be reviewed carefully.
|| Comparable Sales: 504/8 Parramatta Road sold $660k (3-bed, held 8 years); 805/8 Parramatta Road marketed at 138 m² with city views | Property Price Band: $1.0M–$1.1M | Value Drivers: Top-floor position, 139 m² size, modern fitout, rental yield potential
Detailed Independent Property Report prepared by PropCred Analyst team for 806/8 Parramatta Road, Strathfield NSW 2135
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Strathfield presents a dual market, attracting established families to its premium houses while offering relative affordability in its apartment sector for first home buyers. Demand for houses is driven by long-term value seekers, evidenced by strong recent growth, though the market currently sits below its long-term trend. The unit market shows softer conditions, creating a divergent landscape where future growth hinges on sustained demand for larger homes amid broader market fluctuations.
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PropCred Estimated Value
Comparable Sales: 504/8 Parramatta Road sold $660k (3-bed, held 8 years); 805/8 Parramatta Road marketed at 138 m² with city views | Property Price Band: $1.0M–$1.1M | Value Drivers: Top-floor position, 139 m² size, modern fitout, rental yield potential
Bedrooms
3
Bathroom
2
Parking
1
Land
139m²
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