1701/23 Hassall Street, Parramatta NSW 2150

1701/23 Hassall Street, Parramatta NSW 2150
larger 115sqm floorplan | 2-bed 2-bath 1-car | high floor inferred | multicultural quiet street | graffiti noted This apartment’s most competitive edge is its generous 115-square-metre internal area, which is notably larger than many newer two-bedroom units in Parramatta’s high-density towers, offering genuine living space that appeals to owner-occupiers and downsizers seeking comfort over compact efficiency. The two-bedroom, two-bathroom configuration with a single car space is a standard upper-mid-market layout, but the building’s 19-storey scale suggests a full amenity set typical of modern developments. The unit number implies a higher-level position, likely providing better light and views, and the street’s multicultural, mostly quiet character suits buyers who value urban convenience without constant noise. This property is best suited for professionals, couples, or downsizers who prioritise roominess in a central location. The reported presence of graffiti on Hassall Street may temper perceptions of neighbourhood quality, potentially affecting desirability for some buyers and softening price growth relative to pristine pockets. Without confirmed finish specifications, aspect, or a complete amenity list, the apartment’s exact value is partially inferred from its size and tower context, meaning a buyer should verify these details before forming a firm price view. The 115-square-metre floorplan is a genuine rarity in this segment, which could support a premium over smaller comparables, but the lack of verified school catchment data or rental yield signals means investment-focused buyers might need additional research to confirm demand strength.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1701/23 Hassall Street, Parramatta NSW 2150
Checks found:
Value Risk
Liquidity Risk
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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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

2767m²

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