9/63 Victoria Street Parramatta NSW 2150
9/63 Victoria Street Parramatta NSW 2150
1-bed townhouse on 3093m² lot|currently listed for sale|secure parking + balcony|school catchment appeal | This one-bedroom townhouse on a substantial 3093sqm lot within Parramatta Council suits singles or couples prioritising space and low-maintenance living near urban amenities. The expansive land size sets it apart from typical units in the immediate area, offering rare yard potential amid strata complexes along Victoria Street. Practical living benefits from air conditioning, NBN fibre, and secure parking, supporting comfortable everyday use without ongoing strata burdens. Buyers drawn to such properties often include first-home purchasers or downsizers seeking value in a residential-zoned site free of flood or bushfire risks. Similar one-bedroom townhouses in Parramatta hold steady demand due to proximity to Rosehill Public and Arthur Phillip High, appealing to education-focused households. Market performance for these shows resilience, with past sales like comparable units around $490-515k reflecting solid entry-level positioning. Long-term appeal stems from the oversized lot, which could underpin future value as Parramatta’s renewal pressures nearby developments without directly impacting this holding. Its position balances street-level convenience with uncommon land leverage, making it a pragmatic hold in a shifting local landscape. Recent council DAs for health and dual occupancy nearby signal active growth, indirectly bolstering this property’s strategic edge .
Detailed Independent Property Report prepared by PropCred Analyst team for 9/63 Victoria Street Parramatta NSW 2150
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Parramattas demand is fuelled by its official second-CBD status, major transport and precinct builds 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 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 flathouse medians near $1.5 million ticked up marginally while units sit around $620k with little movementso buyers are investing for ongoing urbanisation rather than sprint gains.)
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
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