61 Charles StreetParramatta Park QLD 4870
Property Details for 61 Charles St, Parramatta Park
61 Charles St, Parramatta Park is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 531m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in October 2010.
Last Listing description (September 2024)
In a rare and exciting opportunity, these two properties on separate titles provide potential buyers with multiple options for lifestyle and investment, in a highly location just minutes from the CBD. The proposition comprises a 3-bedroom/1-bath house with a shed on 556m2, and a duplex of 2 x 1-bedroom units on 531m2. The properties can be purchased together and offer strong current rental returns with the potential for future redevelopment, having been previously approved for apartments.
The first property is 59 Charles St, a low-set bungalow set at the front of a 556m2 block. The 3-bedroom house is presented in very good condition, with traditional features including high ceilings, timber floors, and casement windows adding charm and character. At the rear of the block is a near-new, 88m2 council-approved shed, with clearance suitable for boat or caravan. The substantial shed comprises three bays (10m x 3m each), including one with a bathroom and kitchen.
- Charming 3-bedroom house with character features
- Modern kitchen and bathroom
- Air-conditioned
- Very well presented
- Substantial shed at rear
- Currently rented at $495 p/w, market rent with shed $850 p/w
- 556m2 block
The second property is 1 & 2/61 Charles St, a small duplex set at the front of a 531m2 block, with nothing at the rear. The layout of the two air-conditioned units encompasses a spacious bedroom, a modern bathroom, and a combined kitchenette/living space. Both units are currently rented with strong returns and the property offers potential for further development (STCA).
- Duplex with 2 x 1-bedroom units
- Solid block construction
- Tiled floors, fresh dcor
- Modern kitchenette and bathroom
- Air-conditioned, ceiling fans, security screens
- Set at the front of block, nothing at rear
- Currently rented at $380 & $360 p/w
- 531m2 block
Property History for 61 Charles St, Parramatta Park, QLD 4870
- 02 Sep 2024Listed for Sale $1,150,000 - $1,250,000
- 11 Oct 2010Sold for $315,000
- 21 Aug 2010Listed for Rent - Price not available
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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 1,936 properties. Over the last 5 years, Houses in Parramatta Park have seen a 49.06% increase in median value, while Units have seen a 57.63% increase. As at 31 August 2024:
- The median value for Houses in Parramatta Park is $607,970 while the median value for Units is $383,439.
- Houses have a median rent of $585 while Units have a median rent of $440.
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