502/8 Parramatta Road, Strathfield NSW 2135

502/8 Parramatta Road, Strathfield NSW 2135
502/8 Parramatta Road | 1 bed 1 bath 1 car | 60sqm modern build | major road location trade-off This unit offers a rare combination in Strathfieldโ€™s entry-level market: a genuinely compact one-bedroom layout with dedicated parking and a full bathroom, all within a modern complex. The 60sqm internal area is tighter than older stock, but the inclusion of a car space and contemporary finishes positions it competitively against nearby older apartments with no parking. For a first-home buyer or investor prioritising transport connectivity and newer build quality over space, this floorplan reduces compromise. The buildingโ€™s position on Parramatta Road ensures quick access to the city and local amenities, which supports consistent renter demand. The primary risk is street noise exposure from Parramatta Road, which can affect liveability and resale appeal to owner-occupiers. The unitโ€™s value is also more sensitive to building condition and strata fees than detached properties, so a strata inspection is essential before commitment. That said, the absence of flood or bushfire overlays and the availability of FTTP are structural advantages. For an investor, this property works best as a hold-and-lease; for an owner-occupier, it suits those who value location over quiet.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 502/8 Parramatta Road, Strathfield NSW 2135
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Market Insight:

Strathfield presents a dual market, attracting established families to its premium houses while offering relative affordability in its apartment sector for first home buyers. Demand for houses is driven by long-term value seekers, evidenced by strong recent growth, though the market currently sits below its long-term trend. The unit market shows softer conditions, creating a divergent landscape where future growth hinges on sustained demand for larger homes amid broader market fluctuations.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

-

Land

680mยฒ

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