309/31-37 Hassall Street, Parramatta NSW 2150

309/31-37 Hassall Street, Parramatta NSW 2150
2-bedroom with parking | Parramatta central | strong rental demand | established complex This property presents a competitive entry point into Parramattaโ€™s high-demand apartment market, where a 2-bedroom unit with a dedicated parking space is a sought-after configuration. For a buyer, the combination of a functional layout, secure parking, and a central location near transport and employment hubs strengthens both owner-occupier appeal and rental resilience. It serves first-home buyers seeking convenience and investors targeting consistent tenant demand. The primary risk lies in the buildingโ€™s condition and strata management, as larger complexes can carry unexpected levies or remedial costs that directly affect holding expenses. A thorough review of strata records and recent special levies is essential before proceeding. The commercial opportunity is in securing a well-presented unit on a higher floor for better light and outlook, which typically commands a premium upon resale. This property is best held as a stable long-term holding, not a short-term flip.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 309/31-37 Hassall Street, Parramatta NSW 2150
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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

2614mยฒ

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