11/312-316 Draper St, Parramatta Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 69m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in January 2024.
This inner city apartment is centrally located only 1.3km to the Esplanade, and 1.7km to Cairns Central Shopping Centre. Conveniently located near public transport, schools and amenities. Fully air-conditioned open plan design with a balcony capturing easterly breezes. Two good sized bedrooms both with built in wardrobes. Secure 1st floor location with close access to the undercover car park. Well maintained small complex of 11 apartments and sparkling swimming pool making this the ideal home or investment. Currently rented for $260 per week fully furnished on a Fixed Tenancy Agreement to the 19/1/2018. ROI 8% approx.
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 1,947 properties. Over the last 5 years, Houses in Parramatta Park have seen a 45.82% increase in median value, while Units have seen a 77.49% increase. As at 31 January 2025:
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