171 George StreetParramatta NSW 2150
Property Details for 171 George St, Parramatta
171 George St, Parramatta is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1060m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Parramatta in the last 12 months.
Last Listing description (August 2024)
Offered to the market for the first time in over 42 years, this highly sought and rarely found parcel of land offers immense potential development opportunities for the discerning developer or investor. This is one of the most prominent locations with re-development potential, bordering Parramatta's CBD. The original full brick 3 bedroom character home is not heritage listed and can be demolished (STCA). Adjacent to new Light Rail and within easy access to Rivercat Ferry Wharf, Rosehill Shopping Village, reputable schools, the new light rail (at doorstep), multiple bus stops, parks, river foreshore, Parramatta Westfield, Railway Station and main arterial roads including M4 motorway, James Ruse Dr and Parramatta Rd. It features:
- Approx 1060m2 block with 20.32m frontage
- Ability to build up to 14m height
- Flat parcel of land with minimal trees
- Potential for multiple townhouses, duplex, duplex with granny flats, boarding house, childcare, new home or dual occupancy development (subject to council approval)
- Approx 15 minute walk to Westfield Parramatta
- Original 3 bedroom full brick home with character features including high ceilings, fireplaces, original floorboards & picture rails
- Kitchen with gas cooking
- Full size original bathroom
- Formal lounge room & sunroom/dining room
- Huge yard area with original garage
- A once in a lifetime opportunity to secure one of Parramatta's last remaining under-developed blocks
Property History for 171 George St, Parramatta, NSW 2150
- 11 Aug 2024Sold for $3,502,000
- 09 Jul 2024Listed for Sale $3,502,000
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0About Parramatta 2150
The size of Parramatta is approximately 5.5 square kilometres. It has 29 parks covering nearly 23.8% of total area. The population of Parramatta in 2011 was 19,744 people. By 2016 the population was 25,788 showing a population growth of 30.6% in the area during that time. The predominant age group in Parramatta is 30-39 years. Households in Parramatta are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parramatta work in a professional occupation. In 2011, 35.9% of the homes in Parramatta were owner-occupied compared with 28.1% in 2016.
Parramatta has 19,342 properties. Over the last 5 years, Houses in Parramatta have seen a 66.81% increase in median value, while Units have seen a 7.90% increase. As at 30 September 2024:
- The median value for Houses in Parramatta is $1,714,411 while the median value for Units is $611,604.
- Houses have a median rent of $650 while Units have a median rent of $650.
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