195 Bunda St, Parramatta Park is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 407m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Rarely do such properties offer the opportunities that will be available to the astute purchaser of 195 Bunda Street..Currently tenanted at $560 per week until 21st October 2022, there is plenty of time for you to put your plans in place, whether you choose to invest or live- in.
The property already has an existing approved Material change of use to Short term Accommodation subject to a Notice of intention to commence use, satisfactory council inspections and some minor upgrades. Already renovated in some areas, the home lends itself to those wishing to further renovate the property and reap the rewards of this superior inner city location. Combine this with the properties Commercial Zoning there are further opportunities to experience a Live- work environment.
NUMBER CRUNCH
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 1,921 properties. Over the last 5 years, Houses in Parramatta Park have seen a 41.21% increase in median value, while Units have seen a 65.86% increase. As at 31 October 2024:
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