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Sold on 18 Mar 2024 for $630,000

24/5 Sorrell Street
Parramatta NSW 2150

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 24/5 Sorrell St, Parramatta

24/5 Sorrell St, Parramatta is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in Parramatta in the last 12 months.

Building Type
Apartment

Last Listing description (March 2024)

Positioned in the popular Riverside precinct, this peacefully located two-bedroom apartment is situated in a secure, double brick complex. You will find yourself conveniently located just a short stroll to Parramatta CBD, train station, the vibrant "Eat Street" restaurants and cafés, Westfield Shoppingtown, reputable schools & the Riverbank footpath. With endless opportunity, this apartment could suit a savvy investor with opportunity for potential scope, or an owner occupier eager to renovate & add value.

Development Notes:
- Zoning MU (Mixed Use)

- FSR 4:1
- 36M Build Height Limit
- Land size 5283sqm (approx)

Apartment Notes:
- Light-filled kitchen with dishwasher and ample cupboard space
- Combined lounge & dining area with split system air-conditioner and balcony access
- Two generous bedrooms with mirrored built-in wardrobes & ceiling fans
- The central bathroom offers a separate bath & shower
- Powder room
- Covered balcony with a leafy outlook
- Linen cupboard + an internal laundry
- Lock up garage

Property History for 24/5 Sorrell St, Parramatta, NSW 2150

A timeline of how this property has performed in the market
Last Sold
$630,000
18 Mar 2024
Listed for Rent
$430/w
10 Jul 2017
  • 04 Mar 2024
    Sold for $630,000
  • 27 Feb 2024
    Listed for Sale UNDER CONTRACT
  • 28 Jun 2017
    Listed for Rent $430 / week
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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 19,056 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 196 properties listed for sale, and 190 properties listed for rent in Parramatta on OnTheHouse. According to CoreLogic's data, 983 properties were sold in the past 12 months in Parramatta.

Suburb Insights for Parramatta 2150

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Aaron Lih
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Nicola Reilly
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Stone Parramatta
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.