14/17-19 Hassall Street, Parramatta NSW 2150

14/17-19 Hassall Street, Parramatta NSW 2150
2 bed, 2 bath, 1 car, flat apartment. Circa 2021 build. Flood overlay present. NBN fibre and 5G. Parramatta Public and Arthur Phillip High catchment. Central location near George Street. This unit is positioned well within Parramatta’s newer stock, offering a 2 bathroom configuration that is less common among older apartments in the suburb. The building’s age, around five years, means modern construction standards and likely lower immediate maintenance expectations compared to older blocks. The central location near 180 George Street places it within walking distance of transport, shops, and employment hubs, which supports consistent rental demand. The recorded rental yields on comparable units in the building suggest strong investor appeal, but the configuration also suits an owner-occupier seeking a low-maintenance home with a second bathroom. It sits slightly above the typical unit price point, but the newer build and central position justify that positioning for a buyer prioritising convenience and modern finishes over entry-level affordability. The flood overlay is the primary factor that may affect long-term value and insurance costs, and it should be investigated thoroughly before any offer. While the overlay does not necessarily preclude purchase, it can influence lender appetite and future resale pool. The building’s age is an advantage for depreciation claims if the property is used as an investment, but the lack of disclosed amenity details—such as a pool or gym—means the property competes primarily on location and configuration rather than resort-style features. The strata inspection report dated mid-2026 should be reviewed for any upcoming capital works or levy increases, as these can impact holding costs and net yield calculations.
Detailed Independent Property Report prepared  by PropCred Analyst team for 14/17-19 Hassall Street, Parramatta NSW 2150
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ✓
Execution Risk ✓
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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

853m²

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