1606/330 Church Street, Parramatta NSW 2150
1606/330 Church Street, Parramatta NSW 2150
16th floor | 103 m² | 2 bed 2 bath 1 car | Meriton Altitude | Parramatta CBD edge
This apartment holds a genuine edge in Parramatta’s market: a 103 m² internal footprint is well above the typical 70–80 m² for two-bedroom stock, and the 16th-floor position with skyline views adds a premium layer most units in the suburb simply lack. The building’s resort-style amenities—dual pools, spa, sauna, gym—plus on-site management and ground-floor retail create a self-contained lifestyle that appeals strongly to professionals working in Parramatta or commuting to Sydney CBD, and to downsizers wanting lock-and-leave convenience without sacrificing space. The ducted air conditioning, Caesarstone kitchen, and mirrored built-ins keep it competitive against newer builds, while the separate storage room is a practical bonus rarely found in comparable apartments. For an investor, the rental demand signal is solid; for an owner-occupier, it offers a rare combination of size, amenity, and central positioning.
The flood overlay detected on the lot is the main factor to weigh—it may affect insurance premiums or lending terms, though the building’s 2016 construction and elevated tower design likely mitigate physical risk. The year-built discrepancy (2016 vs 2017) is minor and unlikely to move value materially. The unit’s value may also be influenced by its aspect and exact view corridor, which the listing does not specify; a direct river view could command a premium over a city-facing or internal outlook. The 103 m² size, relative scarcity of large two-bedders in the tower, and the building’s amenity package are the strongest levers supporting price, while any future strata levies for the extensive facilities should be reviewed carefully.
|| Comparable Sales: 2008/330 Church Street sold $782,000 in 2017; 1006/330 Church Street estimated $736,000 | Property Price Band: $700,000–$800,000 | Value Drivers: internal size 103 m², 16th-floor views, resort amenity package
Detailed Independent Property Report prepared by PropCred Analyst team for 1606/330 Church Street, Parramatta NSW 2150
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
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
Comparable Sales: 2008/330 Church Street sold $782,000 in 2017; 1006/330 Church Street estimated $736,000 | Property Price Band: $700,000–$800,000 | Value Drivers: internal size 103 m², 16th-floor views, resort amenity package
Bedrooms
2
Bathroom
2
Parking
1
Land
105m²
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