139/20 Victoria Road, Parramatta NSW 2150

2 bed 2 bath plus study | dual balcony | resort complex with Coles below | flood overlay noted | 143sqm total This unit occupies a rare configuration in the Parramatta market. The extra-large study that can function as a third bedroom, combined with two separate balconies and hard timber floorboards throughout, gives it a genuine point of difference over standard two-bedroom apartments. The internal area of 107 square metres is well above typical new-build stock, and the building’s integrated retail including Coles, medical centre, and gym creates a live-work convenience that suits downsizers and professionals who prioritise walkability. For an investor, the rental range of $730 to $850 per week reflects strong demand from tenants who value space and amenity within a short walk of the stadium, light rail, and Parramatta Square. The flood overlay detected on this property is the primary risk and should be investigated further through council flood mapping and insurance quotes before proceeding. While the building is elevated and on level one, this may affect lender appetite and premium costs. The asking price sits notably above the estimated value range of $630,000 to $692,000, meaning buyers need to negotiate hard or wait for price adjustment. The property’s strength lies in its size and integrated location, but the premium being asked currently reflects vendor expectation rather than market reality. For a buyer who can secure it closer to the valuation range, this represents a solid long-term hold in a well-connected suburban hub.