6/23-25 Albert Street, North Parramatta NSW 2151
6/23-25 Albert Street, North Parramatta NSW 2151
Large internal area | Two covered balconies | Lock-up garage included | Quiet leafy pocket | Light rail within walking distance
This apartment offers a genuinely rare configuration for a two-bedroom unit in North Parramatta. The internal area of 111 square metres, combined with two separate covered balconies and a lock-up garage, places it well above typical apartment stock in the suburb. It is best suited for owner-occupiers who want house-like space without the maintenance of a house, or for downsizers seeking single-level living with parking and outdoor areas. The building is described as tightly held and well-maintained, which suggests a stable, owner-occupied environment rather than a high-turnover investor block. Its position in a quiet, leafy pocket, within walking distance of the light rail, Parramatta North Public School, and the Parramatta CBD, adds to its appeal for households who prioritise space, convenience, and a calm setting.
The property has been updated with fresh paint, new flooring, and new kitchen appliances, which reduces the need for immediate renovation costs. However, only one bathroom may be a constraint for some households, and the absence of lift access or a stated floor level means accessibility should be confirmed. The registered building age of 1997 is now approaching thirty years, so prospective buyers should factor in potential future maintenance costs for common property areas. The listing does not specify a formal compass aspect, so natural light quality may vary depending on the apartment’s orientation within the building. These are points to verify during an inspection rather than reasons to dismiss the property, but they may influence how the price is assessed relative to newer or more amenity-rich alternatives.
Detailed Independent Property Report prepared by PropCred Analyst team for 6/23-25 Albert Street, North Parramatta NSW 2151
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
North Parramatta presents a dual-market dynamic, with its established connectivity attracting a diverse buyer base. Demand is driven by first-home buyers and investors drawn to the accessible unit market, while family-oriented purchasers target the higher-priced housing segment. Recent conditions show stronger momentum in the unit market compared to houses, which are taking longer to transact. Future growth is underpinned by this varied housing supply catering to different budgets, though affordability pressures relative to broader Sydney and a slower house market present notable constraints.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1307m²
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