2/76 Great Western Highway, Parramatta NSW 2150

2/76 Great Western Highway, Parramatta NSW 2150
Large 199m² flat in Parramatta | strata lot with courtyard and deck | steady 3-4% annual complex growth | no overlays or flood risk This unit’s standout advantage is its 199m² internal size, nearly double the typical 119m² peers in the same complex, giving it a less common floorplate that functions more like a small house. The courtyard, deck, and fully fenced layout add private outdoor space uncommon in Parramatta apartments, which strengthens its appeal to owner-occupiers seeking space without moving to a house. The main risk is the 26-year gap since last sale, meaning the unit may carry deferred maintenance or outdated finishes that a buyer should fund. With Domain estimates wide at $450k–$610k and Property.com.au higher at $650k–$685k, pricing clarity is weak, and the buyer should negotiate based on recent $470k–$575k sales of smaller units, adjusting upward for size but not premium. Before an offer is made, the detailed report should test the valuation, comparable sales, rental evidence and site-specific risks rather than relying on the headline features alone.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/76 Great Western Highway, Parramatta NSW 2150
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk
Income Risk
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

Bedrooms

2

Bathroom

1

Parking

1

Land

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