9/25-29 O'Connell Street, Parramatta NSW 2150
9/25-29 O’Connell Street, Parramatta NSW 2150
Renovated 2-bed townhouse | Private courtyard and lock-up garage | CBD-adjacent Parramatta | Estimated $650/week rent | Limited building stock
This townhouse is positioned as a genuinely uncommon offering in Parramatta’s market, where apartment stock is dominant. A ground-level two-bedroom layout with private courtyard, internal laundry, guest toilet, and lock-up garage is rarely matched by typical apartment product. The renovated finish is supported by a modern kitchen, fresh paint, new flooring, and split-system cooling throughout. The property is well suited to first-home buyers seeking house-like separation, downsizers wanting ground-level living near the CBD, and investors who are drawn to a realistic rental return. Quiet complex positioning and walkable access to dining, parks, and transport are consistently cited as attractions.
Future price movement may be shaped by mixed-use redevelopment along the corridor. Value might be supported by the low-maintenance format, courtyard, and tight building inventory. Neighbourhood character may shift as density increases and may need to be weighed by a buyer. Holding-period growth is estimated above six percent annually.
Detailed Independent Property Report prepared by PropCred Analyst team for 9/25-29 O’Connell Street, Parramatta NSW 2150
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Parramatta remains Western Sydney’s core commercial and transport hub, with units around $620,000 attracting first-time buyers and investors, while houses sit at a premium $1.7 million median. Unit demand is underpinned by a large renter population and gross yields above 5.7%, supporting steady competition near 70% clearance. The house market is softer: values fell 6.6–8.4% over the past year, with low 2% yields and 66 median days on market reflecting affordability strain. Future growth hinges on infrastructure investment and metro development around North Parramatta, but high rate sensitivity and investor-heavy high-rise supply temper upside. Houses may see only 2–4% growth; units remain the more liquidity-driven segment.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 2/25 O’Connell Street sold $851,000 in Jan 2026 | Property Price Band: $800K-$900K | Value Drivers: renovated condition, private courtyard and garage, CBD proximity
Bedrooms
2
Bathroom
1
Parking
1
Land
1409m²
URL has been copied successfully!