PROPERTY SHOWCASE WESTERN SYDNEY
Published in Western Sydney Business Access | Parramatta Times | Blacktown News | www.westernpropertyguide.com.au
Parramatta CBD.
Spoilt for choice at Parramatta Swap Sydney harbor views for city river views DALLAS SHERRINGHAM UYERS who once longed for a property with harbor views are now turning their aspirations to Parramatta and its outstanding choice of apartment living. You can swap a harbor view for a river view and save yourself literally millions of dollars. Recent auctions this year show everything from one bedroom “starters” to luxury penthouses and even a three storey ‘mansion in the sky’ have been available to cashed up bidders in the Parramatta area. I reckon you can still find a bargain, although the market is constantly changing as Sydney undergoes another property boom. A two-bedroom apartment in O’Reilly St recently sold for $452,000 while a two bedder in Harold St went for $570,000. In Cowper St a two bed, two bath went
B
for $465,000 and a similar property in Charles St fetched $620,000. So, if you can manage $500,00 to $600,000 you will buy yourself a nice apartment in a good building with at least one car space.
A good option Three-bedroom properties are available around the $770,000 plus mark. In North Parra’s Albert St one went for $740,000 with two bedrooms and two carparks and another very well-presented apartment in Bellevue St went for $705,000. North Parramatta is a good option, being within walking distance of the CBD, restaurants, the footy stadium and light rail. One of the positive features of newer apartments in Parramatta compared to older areas of the inner city are the generous balconies which provide the opportunity for quality outdoor living. I discovered
plenty of properties with great balconies in my research. If you are an outdoors type person but love privacy, look for an apartment with views to the north or east if possible to avoid southerlies or the western sun. However, if a free-standing cottage is more your idea of a great home, expect to pay a lot more. Even quite basic three bedders are going for around the $1.5m mark. However, if you are spending that sort of money, get your bank to extend another $100,000 plus for a quality reno. As free-standing cottages become rarer, their value will increase more in the long run, especially they are a heritage style design. If you are new to the auction game, may I recommend that you attend a few auctions beforehand. It will give you an idea what you can buy in your price range at this exact moment in time. While there are still agents who frame auction price expectations way lower than
“
North Parramatta is a good option, being within walking distance ofthe CBD, restaurants, the footy stadium and light rail.” what the property eventually sells for, authorities are cracking down on this unscrupulous process. There have been a number of infringement fines for underquoting in NSW this year. Inspectors attended 33 auctions and issued 14 infringement notices, so hopefully some agents will start to do the right thing and quote realistically.
%ඔඉඋඓගඟN AL LOC NEW
WELCOME to the Blacktown NEWS WELCOME to Blacktown’s NEW LOCAL media voice, The Blacktown News (BN). The BT is the much-anticipated new newspaper and digital media brand that covers
Blacktown with local news written by experienced journalists. The BN is Parramatta’s ONLY printed newspaper and is independently owned and managed locally. Page 3
INSIDE
Preparing for 2021 business awards: 5 TRAVEL: Whale watching at Hervey Bay: 21
First students at ACU SEE PAGE 3
PROPERTY: Check out this investment deal: 19
The home of jobs in Western Sydney. Connecting businesses with job seekers directly l l l l
High impact media that reaches reaching Australia's fastest growth region Greater Western Sydney, home of Australia's newest 24-our airport. 26
48,000 Facebook followers Build your own resume Media support programs Multiple packages available
www.jobswesternsydney.com.au www.facebook.com/jobswesternsydney
Targeted reach Three powerful media brands in digital and printed formats. Contact us today for a conversation about your success plans: julie@accessnews.com.au
WESTERN SYDNEY BUSINESS ACCESS APRIL 2021
