2/11-13 Dunlop Street North Parramatta NSW 2151
2/11-13 Dunlop Street North Parramatta NSW 2151
2 bed unit with single parking |Strong 6.9% unit growth |4.72% rental yield |Quick 17 day sales|This two-bedroom unit with one bathroom and one parking space suits downsizers or investors seeking steady rental returns in a well-connected area.
It delivers practical living through its compact layout ideal for low-maintenance ownership, appealing to those prioritizing convenience over space. Positioned in a street likely featuring similar strata developments, it blends seamlessly into North Parramatta’s denser residential pocket near key transport links. Buyers drawn to such units often include young professionals commuting to Sydney’s west or first-time investors eyeing reliable income streams. Local unit market data shows robust performance, with 168 sales over the past year at a median of $673,500 and days on market averaging just 17far quicker than houses. This reflects solid demand outpacing supply for entry-level apartments. Rental yields stand at 4.72% with $600 weekly medians, supporting cash flow for holders amid tight vacancy rates. Long-term appeal stems from Parramatta’s evolution as Sydney’s second CBD, bolstering values through job growth and infrastructure without the premium of inner areas. Comparable properties hold value steadily, offering resilience in a two-speed market favoring affordable units over pricier houses.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/11-13 Dunlop Street North Parramatta NSW 2151
Market Insight:
North Parramattas demand is driven by proximity to the Parramatta CBD, major transport upgrades and active urban renewal that shorten commutes and expand local amenity. Buyers are attracted to employment access, new mixed?use developments and rental demand, while risks include construction?led supply, modest rental yields and affordability pressure; growth upside depends on the delivery of the metro/light?rail precincts and nearby redevelopment. Prices have been broadly steady over the past six monthsunits showing modest gains while house values have been flat to mildly up, reflecting a cautious but resilient local market.