3307/1A Morton Street, Parramatta NSW 2150

3307/1A Morton Street, Parramatta NSW 2150
3 bed 2 bath 2 car | built 2016 | riverside complex near Parramatta CBD | study and large 173 m² layout This unit holds a genuine edge in Parramatta’s apartment market. Three-bedroom, two-car configurations are uncommon in the CBD fringe, and the 173 m² footprint—including a study—places it well above the typical 2-bed stock that dominates the area. The 2016 build, secure lift access, ducted air-conditioning, and shared amenities like the gym, BBQ area, and landscaped garden make it a comfortable, low-maintenance option. It serves best an owner-occupier family or downsizer wanting space and convenience, or a professional seeking a larger base close to rail, ferry, and Westfield. Value may be shaped by a few factors. The flood overlay is a real consideration, though it is common in riverside precincts and does not appear to have dampened demand here. Aspect and floor level are not confirmed, and those can materially affect light, outlook, and price in a high-rise setting. The 2023 street record at $850,000 for this address family suggests a strong prior benchmark, but the current market will ultimately decide. Buyers should weigh the premium for size and two car spaces against the less certain view and orientation.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3307/1A Morton Street, Parramatta NSW 2150
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk 2
Income Risk
Execution Risk ! 1
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Market Insight

Parramatta remains Western Sydney’s core commercial and transport hub, with units around $620,000 attracting first-time buyers and investors, while houses sit at a premium $1.7 million median. Unit demand is underpinned by a large renter population and gross yields above 5.7%, supporting steady competition near 70% clearance. The house market is softer: values fell 6.6–8.4% over the past year, with low 2% yields and 66 median days on market reflecting affordability strain. Future growth hinges on infrastructure investment and metro development around North Parramatta, but high rate sensitivity and investor-heavy high-rise supply temper upside. Houses may see only 2–4% growth; units remain the more liquidity-driven segment.
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PropCred Estimated Value

Comparable Sales: 3306/1A Morton Street sold $715,000 (2 bed, 2 bath, 1 car) | Property Price Band: $800K–$900K | Value Drivers: large 173 m² layout, two car spaces, riverside complex amenities

Bedrooms

3

Bathroom

2

Parking

2

Land

173m²

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