35/76 Great Western Highway, Parramatta NSW 2150
35/76 Great Western Highway, Parramatta NSW 2150
2-bed, 2-car rarity | $705/wk rent signal | Parramatta High catchment | Westmead Primary zone | High-yield corridor
This unit stands out for its two-car parking, a genuine scarcity in this stretch where most comparable apartments offer one space. That alone positions it above the typical stock for owner-occupiers who need flexibility or investors targeting tenants with vehicles. The estimated rent of $705 per week, paired with an estimated value around $551,000, points to a gross yield near 6.4%, which is competitive for a central Parramatta location. The school catchments—Westmead Public and Parramatta High—broaden its appeal to families, while the proximity to rail, light rail, and the future metro corridor ensures steady demand from professionals and hospital workers. This unit best suits a buyer seeking a secure, low-maintenance apartment with strong rental fundamentals and a configuration that will not feel dated quickly.
The building’s exact age and the unit’s floor level are not confirmed, and those factors may influence how the property compares to renovated neighbours. A mid-to-high floor with an outlook could justify a premium, whereas a ground or low-level unit might trade closer to the lower end of the street’s range. The absence of flood, bushfire, or heritage overlays removes those risks, but the Great Western Highway frontage may bring traffic noise that some buyers will discount. The 2,675 m² lot suggests a larger complex, so strata fees and building management quality are worth verifying before committing.
Detailed Independent Property Report prepared by PropCred Analyst team for 35/76 Great Western Highway, Parramatta NSW 2150
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
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
Comparable Sales: 37/76 sold $440k (2/1/1, 2022); 1/76 sold $518k (2022) | Property Price Band: $500K–$600K | Value Drivers: 2-car configuration, rental yield, catchment access, unit level and outlook
Bedrooms
2
Bathroom
1
Parking
2
Land
2675m²
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