FOR SALE
For Sale $599,000

6/22-24 Marion Street
Parramatta NSW 2150

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Position Plus Potential

This property offers convenience, space, and potential for future growth. With low strata levies and good rental returns, it could be a great start or a valuable addition to your property portfolio. Seize the chance to own a prime piece of real estate in Parramatta, one of the most in-demand areas. Situated in a small unit block of six on a large parcel of land, this property offers exceptional redevelopment potential (STCA). With an affordable strata levy and favourable zoning, this is an opportunity not to be missed.
Located within a short stroll to Westfield Shoppingtown, railway stations, bus interchange hub, Light Rail and Sydney Metro (under construction), parks, schools, trendy restaurants, vibrant eateries, and nearby one of the largest urban renewal projects in Australia - Parramatta Square, a world-class civic centre. It features:
- Versatile partitioned lounge and dining area, perfect for conversion into a guest bedroom or study/office
- Both bedrooms have windows, and the main bedroom features built-in wardrobes
- Generously sized kitchen featuring ample storage space
- Full-size bathroom with a bathtub and a window
- Floorboards throughout and a large undercover balcony
- Air conditioning and internal laundry
- Lock-up garage with undercover access to the property
Approximate outgoings:
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Property Details for 6/22-24 Marion St, Parramatta

6/22-24 Marion St, Parramatta is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Ray White Parramatta.

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Unit

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About 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 19,066 properties. Over the last 5 years, Houses in Parramatta have seen a 58.91% increase in median value, while Units have seen a 7.01% increase. As at 31 October 2024:

  • The median value for Houses in Parramatta is $1,737,809 while the median value for Units is $609,829.
  • Houses have a median rent of $630 while Units have a median rent of $650.
There are currently 198 properties listed for sale, and 197 properties listed for rent in Parramatta on OnTheHouse. According to CoreLogic's data, 982 properties were sold in the past 12 months in Parramatta.

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Vikram Jeet
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Ray White Parramatta
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