17 Pennant Hills Road, North Parramatta NSW 2151

17 Pennant Hills Road, North Parramatta NSW 2151
Detached house on 695sqm | 3 bed, 2 bath, study | Family demand near Parramatta | Strong rental yield signal | Arterial road trade-off This property is competitively rare for North Parramatta because it is a detached house on a substantial residential lot in a suburb dominated by apartments and units. The 695sqm block and 266sqm building area offer space, a study, a deck, and outdoor entertaining that apartment stock cannot match. It serves family buyers seeking proximity to Parramatta CBD, schools, hospitals, and future light rail, while also appealing to investors given the estimated weekly rent of $735 and strong rental demand signaled by nearby larger dwellings. The configuration advantage is clear: this house provides land and scale that typical corridor apartments lack. The value of this property may be materially affected by its position on Pennant Hills Road, a busy arterial corridor where traffic noise could be a consideration for some buyers. While no bushfire, flood, or heritage overlays have been detected, the absence of recent detached-house sales directly nearby means pricing confidence relies on broader suburb signals rather than direct comparables. The property’s land size and house form may present future subdivision or redevelopment potential, but no specific planning proposals are evidenced, so buyers should weigh this as a possibility rather than a certainty.
Detailed Independent Property Report prepared  by PropCred Analyst team for 17 Pennant Hills Road, North Parramatta NSW 2151
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✓
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Market Insight

North Parramatta presents a dual-market dynamic, with its established connectivity attracting a diverse buyer base. Demand is driven by first-home buyers and investors drawn to the accessible unit market, while family-oriented purchasers target the higher-priced housing segment. Recent conditions show stronger momentum in the unit market compared to houses, which are taking longer to transact. Future growth is underpinned by this varied housing supply catering to different budgets, though affordability pressures relative to broader Sydney and a slower house market present notable constraints.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

696m²

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