6/504-516 Church Street North Parramatta NSW 2151

2 bed apartment with 95m² land |Street comps $570-640k |4-5% yields |Stable 10+yr holds | 95m² 2 bedroom 1 bathroom apartment with single parking suits downsizers or investors seeking low-maintenance entry into North Parramatta’s Church Street precinct. This property’s compact 95m² footprint delivers straightforward apartment living, ideal for couples or singles prioritising convenience over space. Sitting within a multi-unit block on Church Street, it aligns with neighbouring apartments that have traded around $570k to $640k, positioning it competitively against similar 2-bedroom configurations. Investors drawn to such units value the reliable 4-5% rental yields seen locally, with comps renting at $550-560 weekly. In a street where over half the properties boast 10+ year tenures, this apartment reflects a pattern of steady holding rather than quick flips. Recent market softening in Parramatta units underscores its appeal as a defensive hold, less exposed to house price volatility. Long-term, its position in a block with proven annual growth around 4% for held units supports gradual capital accrual for patient owners. Buyers here tend to be yield-focused locals or first-time investors avoiding higher-maintenance houses nearby. Overall, the property’s modest scale and street consistency make it a pragmatic choice in a market favouring secure, income-producing assets.