19/147 Parramatta Road, Granville NSW 2142

19/147 Parramatta Road, Granville NSW 2142
Split-level apartment | dual balconies per bedroom | Granville growth corridor | move-in ready condition This property’s split-level configuration is genuinely uncommon in Granville’s apartment market, offering the spatial separation of a townhouse within a strata format. The direct balcony access from each bedroom and the upper-level living area with its own balcony create genuine cross-ventilation, a rare quality in multi-unit buildings that reduces reliance on air conditioning and improves livability. The 117-square-metre internal area is generous for a two-bedroom, positioning it well for professionals or small families who want space without a house. The location on Parramatta Road, while busy, places the unit within walking distance of Granville station and the Parramatta CBD, with the upcoming light rail and metro upgrades likely to support capital growth over a five-to-seven-year hold. The main risk is the Parramatta Road frontage, which may affect noise levels in the bedrooms despite the double-glazing implied by the description, and could narrow the buyer pool for owner-occupiers sensitive to traffic. The 2017 purchase price suggests the property has not yet seen strong capital appreciation, meaning the buyer is entering at a point where future growth depends on infrastructure delivery rather than existing momentum. For an investor, the rental history indicates established tenant demand, and the move-in condition eliminates immediate capital expenditure. For an owner-occupier, this is a functional home that can be held long-term while the corridor matures, with the split-level layout providing a genuine point of difference when reselling.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 19/147 Parramatta Road, Granville NSW 2142
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Market Insight:

Granville is a dynamic, transit-oriented suburb positioned as an affordable entry point into Sydney’s west, attracting a young, renting population and families drawn by its schools. Demand is driven by first-home buyers and investors seeking value in the apartment market, alongside families upgrading to houses. While house prices show solid growth, the unit market faces recent softness. Future growth is underpinned by its undervalued status and connectivity, though risks include sensitivity to interest rates and a high proportion of strata units.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1697mยฒ

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