505/31-37 Hassall Street, Parramatta NSW 2150
505/31-37 Hassall Street, Parramatta NSW 2150
1 bed, 1 bath, 1 car | central Parramatta apartment | mixed sale and rent signals | strong commuter and investor appeal.
The buying case rests on a compact, well-configured footprint in a high-demand metro hub. A one-bedroom plus a dedicated car space is uncommon in newer Parramatta stock, giving this unit a functional edge over typical shoebox apartments. Its position on Hassall Street places it within walking distance of transport, retail, and the Parramatta CBD core, which supports consistent rental demand and capital stability. This property suits first-home buyers seeking a low-maintenance foothold or investors targeting yield from a liquid submarket.
The primary risk is unresolved campaign status, signals suggest it has been concurrently marketed for sale, auction, and rent, which may indicate a motivated vendor or a stalled transaction. Buyers should verify if a price guide has been withdrawn or revised downward, as this could signal negotiation leverage. There is no confirmed data on floor level, balcony, or renovation quality, so a physical inspection is mandatory before any offer. If acquired at market rate, hold this unit as a long-term rental for steady cash flow or as a downsizer base with low holding costs.
Detailed Independent Property Report prepared by PropCred Analyst team for 505/31-37 Hassall Street, Parramatta NSW 2150
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✓
Execution Risk
!
1
Parramatta NSW 2150
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.