5/33-35 Crown Street, Granville NSW 2142

5/33-35 Crown Street, Granville NSW 2142
2-bed 1-bath 1-car | older strata block | Harris Park 1.1km | stable owner history | affordable Granville entry This two-bedroom unit is located in a low-rise strata block and is considered practical for first-home buyers. Its position is seen as an advantage, with Harris Park Station over a kilometre away and Parramatta close by. Long-term owner-occupiers are evidenced in the building, suggesting a stable environment that is often viewed positively for maintenance. The price point is placed in Granville’s entry-level market, where demand is consistently supported by budget-conscious buyers seeking transport proximity without newer-development premiums. This unit is best suited to those prioritizing location and affordability over modern finishes. Price may be affected by interior condition and building upkeep. Light and outlook could be impacted by floor level and aspect. Strata obligations might be revealed on inspection. Schooling is functional, not prestigious, so demand is likely tied to transport and affordability. Price may be made sensitive to presentation and maintenance.
Detailed Independent Property Report prepared  by PropCred Analyst team for 5/33-35 Crown Street, Granville NSW 2142
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk 2
Execution Risk ! 1
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Market Insight

Granville (NSW 2142) is a Sydney suburb positioned between Parramatta and the Sydney CBD, with a young, renter-heavy demographic. Demand is led by first-home buyers and investors targeting apartments, while families drive the house market. The median house price is around $1.23M, with 9.6% annual growth, although sales volume is thin (73-108 houses). Houses sell in 26-39 days. Units sit near $516K with slightly negative growth (-3.5% to -0.8%) and a gross yield of 5.8%; houses yield a modest 3.2%. Rental demand is high (55% renting). Growth drivers include Granville station, bus links, Parramatta Road access, and proximity to employment hubs. Key risks: an 18.1% median price decline over 10 years, high strata supply (43.7% of stock), and affordability pressure against Sydney averages. School quality is a moderate demand driver but not a standout.
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PropCred Estimated Value

Comparable Sales: 4/33-35 Crown St $435k (2017); 5/33-35 Crown St $425k (2016) | Property Price Band: $400k–$500k | Value Drivers: condition, floor level, presentation

Bedrooms

2

Bathroom

1

Parking

1

Land

1440m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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