806/6-10 Charles Street, Parramatta NSW 2150
806/6-10 Charles Street, Parramatta NSW 2150
2/2/1 with balcony | 2013 build, 85 sqm | central Parramatta apartments | flood overlay to note | dual-bathroom owner appeal
This apartment is considered competitively strong due to its generous internal size of 85 square metres and the inclusion of two bathrooms, a configuration less common in standard two-bedroom units. It is positioned within a well-established residential building from 2013, offering modern conveniences such as air conditioning and floorboards that enhance everyday comfort. The property is particularly suited to owner-occupiers, including first-home buyers and downsizers, who value central access to Parramattaโs transport, employment, and retail hubs. The dual-bathroom layout supports shared living or guest accommodation, while secure parking and a balcony provide practical urban amenity. This apartment avoids the constraints of older stock without demanding the premium expected of brand-new towers, placing it as a solid mid-tier option for those seeking a balanced, low-maintenance home in a high-demand location.
The flood overlay may affect insurance premiums and could influence lender scrutiny, potentially narrowing the buyer pool. The absence of a confirmed aspect or elevated floor might limit its competition against units with views or top-floor finish. The 2013 build year may not command the same premium as recently completed developments, particularly if those offer upgraded fixtures or energy ratings. These factors should be weighed when forming a view on price, but they do not undermine the propertyโs functional strength or its appeal to practical buyers.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 806/6-10 Charles Street, Parramatta NSW 2150
Market Insight:
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.