6 Gibb Close, North Parramatta NSW 2151
6 Gibb Close, North Parramatta NSW 2151
5 bed house on 551m² | 2 or 3 bath inconsistency | Sold $1.68m, guided higher | Family configuration in close Parramatta
This is a genuinely large family house on a substantial 551m² lot in North Parramatta, which puts it in a relatively uncommon position for a suburb where smaller blocks and attached dwellings are increasingly typical. The five-bedroom layout with two car spaces gives it a clear edge for buyers who need room to spread out, particularly those moving from apartments or smaller houses who want detached living without being pushed to the outer suburbs. The internal area of 120m² is modest for the bedroom count, so the real value here is in the land and the configuration, not the internal footprint. It suits an owner-occupier household that prioritises space for children or guests over expansive living areas.
The bathroom count varies across platforms, which may reflect a genuine difference in how the property is finished or simply a data error, but it is worth verifying in person because it could affect both use and resale appeal. The property sold for $1,680,000 in March 2024 and was later marketed with a guide of $1,950,000, so the price expectation has shifted notably in a short period. Without a verified build year, renovation history, or condition report, the buyer should treat the current guide as aspirational rather than confirmed market value. The land size is strong, but the internal area is tight for a five-bedroom house, so the floorplan and room dimensions matter more than usual here.
Detailed Independent Property Report prepared by PropCred Analyst team for 6 Gibb Close, North Parramatta NSW 2151
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
2
Land
565m²
URL has been copied successfully!