708/1D Broughton Street, Parramatta NSW 2150
708/1D Broughton Street, Parramatta NSW 2150
This 2-bedroom, 2-bathroom apartment / unit with 1 car spaces set on approximately 1.76 acres 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 708/1D Broughton Street, Parramatta NSW 2150
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
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
2
Bathroom
2
Parking
1
Land
1.76 acres
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