1/414-416 Severin StreetParramatta Park QLD 4870
Property Details for 1/414-416 Severin St, Parramatta Park
1/414-416 Severin St, Parramatta Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 59m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Last Listing description (April 2008)
FOR THE ASTUTE INVESTOR
OPPORTUNITY KNOCKS WITH THIS CASH COW, WITHIN A 10 MINUTE WALKING DISTANCE TO CAIRNS CBD THIS UNIT COMPLEX COMPRISES OF 4 X 1 BEDROOM UNITS AND 2 X 2 BEDROOM UNITS. ALL UNITS HAVE A CONTEMPORARY INTERIOR, ARE FULLY AIR-CONDITIONED, FULLY FURNISHED AND HAVE UNDERCOVER PARKING. GROSS RENTAL RETURN OF $69,420 PER ANNUM, COMMUNAL LAUNDRY ALSO PROVIDES SMALL INCOME. ALL UNITS ARE ARE CURRENTLY OCCUPIED WITH EXCELLENT TENANTS IN PLACE, BEING A CENTRAL LOCATION YOUR RENTAL VACANCY SHOULD NEVER PUSH PAST NIL. GREAT POTENTIAL TO STRATA TITLE THESE UNITS AND SELL THEM OFF INDIVIDUALLY.
ADDITIONAL FEATURE - BLOCK OF UNITS.
Property History for 1/414-416 Severin St, Parramatta Park, QLD 4870
- 20 Jun 2016Sold for $240,000
- 16 Feb 2015Listed for Rent $220 / week
- 06 Dec 2011Sold for $190,000
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0About Parramatta Park 4870
The size of Parramatta Park is approximately 1.6 square kilometres. It has 4 parks covering nearly 13.9% of total area. The population of Parramatta Park in 2011 was 3,226 people. By 2016 the population was 3,515 showing a population growth of 9.0% in the area during that time. The predominant age group in Parramatta Park is 20-29 years. Households in Parramatta Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parramatta Park work in a community and personal service occupation. In 2011, 29.4% of the homes in Parramatta Park were owner-occupied compared with 29.8% in 2016.
Parramatta Park has 1,940 properties. Over the last 5 years, Houses in Parramatta Park have seen a 48.78% increase in median value, while Units have seen a 57.61% increase. As at 31 July 2024:
- The median value for Houses in Parramatta Park is $609,866 while the median value for Units is $381,859.
- Houses have a median rent of $585 while Units have a median rent of $440.
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