4 Parsonage Rd, Castle Hill is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 682m2 and floor size of 201m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Are you an investor who has been looking to expand your portfolio?
Are you a builder looking to enter the market with your first unit project?
Are you an experienced developer looking for a highly profitable site?
On offer is a low entry cost property, DA approved for 6 Units over 3 storeys. Positioned in a prime location within the heart of Castle Hill, a leisurely walk to amenities including, Major retail, Metro train and Bus transport, and Castle Hill High School and Primary School catchments.
Currently tenanted for $750 per week, the property offers the flexibility to either move forward and develop, or invest in and hold for future capital realisation.
Currently approved as a small boutique complex of 6 units with a mix of:
1x 1 bedroom
2x 2 bedroom
2x 3 bedroom
1x 3 bedroom Plus Study
The end product could either be sold off for high-profit margins or retained for a sound rental return and investment.
For more information, please contact Rafi Younes on 0431 444 595 or Martin Baldacchino on 0491 21 21 21.
The size of Castle Hill is approximately 18.9 square kilometres. It has 68 parks covering nearly 12.1% of total area. The population of Castle Hill in 2016 was 39594 people. By 2021 the population was 40874 showing a population growth of 3.2% in the area during that time. The predominant age group in Castle Hill is 40-49 years. Households in Castle Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Castle Hill work in a professional occupation.In 2021, 72.40% of the homes in Castle Hill were owner-occupied compared with 74.50% in 2016.
Castle Hill has 19,841 properties. Over the last 5 years, Houses in Castle Hill have seen a 56.52% increase in median value, while Units have seen a 15.27% increase. As at 31 January 2026:
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