6/63 Victoria Road, Parramatta NSW 2150
6/63 Victoria Road, Parramatta NSW 2150
This 0-bedroom, 1-bathroom apartment / unit with 1 car spaces on a 1066 sqm block is positioned in Parramatta NSW. The property is ideal for low-maintenance living with convenient access to local amenities.
Detailed Independent Property Report prepared by PropCred Analyst team for 6/63 Victoria Road, Parramatta NSW 2150
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Parramatta’s demand is fuelled by its official second-CBD status, major transport and precinct builds (Metro West, Light Rail, Westmead health, retail towers) and the steady intake of workers, students, health professionals and downsizers chasing CBD-type connectivity at a lower entry point. Long-term opportunity remains in the massive employment and housing pipeline (Melrose Park, Parramatta North, BTR towers) but the near-term risk is that the surge of planned supply could drag on rental growth and cap upside if absorption slows. Prices over the last six months have been broadly flat – house medians near $1.5 million ticked up marginally while units sit around $620k with little movement – so buyers are investing for ongoing urbanisation rather than sprint gains.
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PropCred Estimated Value
Bedrooms
-
Bathroom
1
Parking
1
Land
1066m²
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