355 Draper StreetParramatta Park QLD 4870
Property Details for 355 Draper St, Parramatta Park
355 Draper St, Parramatta Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 550m2.
Last Listing description (April 2019)
Located in the highly sought-after suburb of Parramatta Park is this low maintenance block of six apartments with dual street access. This is a fantastic opportunity for any investor looking for long term capital growth coupled with a brilliant yield.
Parramatta Park is popular due to its accessibility to significant infrastructure, public transport options and primary, secondary and tertiary education campuses on your door step. This property is located only 1.2km from Cairns Central shopping centre, 2k from the Carins CBD and 6km from the Cairns international airport.
The complex sits proudly on 809m and each apartment consists of 2 bedrooms, 1 bathroom, 1 designated car space. The units are spacious in size ranging in size from 80 to 105m. What makes this complex unique is that each unit is strata titled which means each unit can be sold separately with minimal hassle.
Property History for 355 Draper St, Parramatta Park, QLD 4870
- 25 Oct 2018Listed for Sale $855,000
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About 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 1,946 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:
- The median value for Houses in Parramatta Park is $593,115 while the median value for Units is $419,824.
- Houses have a median rent of $500 while Units have a median rent of $443.
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