25/24 Campbell Street, Parramatta NSW 2150

Short settlement risks | strata share size | no bushfire or flood overlay but limited comparables | rented at $880pw before sale | This property’s key risk is the 791m² land figure meaning strata share not exclusive title, which limits your control and resale premium. The $880 per week rental income is strong for a two-bedroom, giving you a gross yield around 7.3% based on the lower price band, a rare advantage in Parramatta. You should hold this for rental cash flow or occupy it yourself, but do not expect significant capital growth from a flat in a complex where the land is shared. The floor area of 122 sqm is competitively rare for an apartment of this type, providing genuine liveability and storage advantages over newer builds. The master ensuite and secure parking are features that create a better position for owner-occupiers or investors targeting professionals. This property serves first-time buyers who want space without a house premium, or investors seeking a high-yield with lower entry cost. Only two comparable sales were found in the same complex, both under $600,000 for smaller layouts, suggesting this unit’s size commands a premium. For your next step, you should engage a building inspector to check the strata records for any special levies or structural issues before the auction.