3213/1A Morton Street, Parramatta NSW 2150

3213/1A Morton Street, Parramatta NSW 2150
High-floor river and city outlooks | quiet waterfront address | walk to Parramatta CBD and transport | separate study for home work This property occupies a strong position in a desirable waterfront precinct, where high-floor units with direct river and city views are uncommon. The open plan living with floor-to-ceiling glass captures that outlook effectively, and the separate study with a window adds genuine flexibility for remote work. For a buyer seeking a low maintenance home in a central location with good transport connections,light rail, ferry, and upcoming metro,this unit competes well against newer stock that often lacks the same orientation or study space. The main risk is the extended time on market without a public price guide, which may indicate a gap between vendor expectation and current buyer sentiment. This creates an opportunity for a buyer willing to negotiate directly through the agents. The 2015 purchase date suggests potential equity motivation, and the lack of recent comparable sales data means thorough due diligence on recent precinct transactions is essential. For a buyer, this property works best as a long term hold in a tightening Parramatta market, or as a well positioned home with strong lifestyle appeal.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3213/1A Morton 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

2

Parking

1

Land

1.76 ha

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