9/3-7 O'Reilly Street, Parramatta NSW 2150

3-bed strata apartment, Parramatta core | 128sqm internal, rare size | 2005 build, balanced owner-occupier mix | 2012 last sale, no recent price signal This is a genuinely uncommon floorplan for a strata apartment in Parramatta. At 128sqm internal, it competes more with a townhouse in usable space than with typical two-bedroom units nearby. The 2005 build means it avoids many of the defects found in older stock while predating the worst of the recent construction quality issues. The 50% owner-occupier ratio in the building is a solid indicator of stable building management and neighbour quality, which matters for long-term holding. This property suits a buyer who values space and liveability over a quick flip, or someone looking to avoid the compromises of newer high-density developments. The absence of recent sales data in this building is a risk—it means you lack a clear price benchmark and may face a vendor with an aspirational number. The 57% auction clearance rate for Parramatta suggests softening demand, so negotiation leverage should improve if the property lingers. The 2012 last sale date implies potential for a large capital gain, but also means the vendor may have low cost base and be flexible on price. On the opportunity side, the internal area and three-bedroom layout give you a genuine rental or family option in a market where most apartments are smaller. Hold this as a long-term home or a stable rental—it is not a trading property.