48-50 Martyn St, Parramatta Park is a 10 bedroom, 4 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 405m2 and floor size of 300m2. While the property is not currently for sale or for rent, it was last sold in June 2017.
This grand Queenslander has been fully refurbished and modernized. With separate living, kitchen and dining zones both upstairs and down, it can be offered as a dual residence, presenting a fantastic opportunity for investment and profits.
- Two new kitchens with ample storage and breakfast bar
- Large open plan dining and living areas
- Ten generous bedrooms, all with built in robes
- Four full-sized modern bathrooms with quality fixtures
- Upstairs verandah flows from main living area
- Low maintenance garden with off-street parking
- Located within walking distance of the CBD and shopping
- Potential to live upstairs and rent downstairs
- Currently profiting as a share house and Airbnb
- Potential returns in excess of $9,000 per month
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 1,927 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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