203/36-46 Cowper Street, Parramatta NSW 2150

203/36-46 Cowper Street, Parramatta NSW 2150
2 bed 2 bath 1 car | 86sqm internal | gas kitchen | covered balcony | flood overlay The apartment is considered competitively strong due to its generous 86 square metre internal area paired with two full bathrooms, a configuration that is not typical for compact Parramatta stock. Its modern finishes, including gas cooking and a covered balcony, place it above basic entry-level product. The location is walkable to the station, Westfield, and public schools, making it suitable for both owner-occupiers seeking convenience and investors targeting reliable rental demand. The estimated gross yield is around 6.7%, supported by strong tenant interest in the area. The reported build date is inconsistent between 2014 and 1995, so the actual age of the building may need clarification. A flood overlay is present and might affect insurance costs or buyer confidence. The aspect and floor level are not confirmed, which could influence light and outlook. These factors should be weighed when forming a view on the property’s price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 203/36-46 Cowper Street, Parramatta NSW 2150
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ! 1
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

2698m²

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