324/1 Valentine AvenueParramatta NSW 2150
Property Details for 324/1 Valentine Ave, Parramatta
324/1 Valentine Ave, Parramatta is a 1 bedroom, 1 bathroom Unit.
Last Listing description (October 2021)
Situated in the heart of Parramatta CBD, this secure investment opportunity presents a fully furnished studio apartment currently leased to 4.5 star Mantra Hotel. Recently refurbished & including all the property contents, all within a short stroll to the railway station, bus interchange hub, Ollie Webb Reserve, Westfield Shoppingtown, parks, reputable schools, trendy restaurants & cafes. It features:
- 30m2 studio on level 3 with parkland outlook
- Combined living/bedroom with tv feature wall
- Fully tiled bathroom with granite top vanity
- Built in wardrobe
- Freshly painted throughout
- Ducted air conditioning
- Resort style facilities including swimming pool, gymnasium & sauna
- Minimum rental guarantee of $769 per month or 50% of the rental income generated
- Perfect for self-managed superfunds or long term investment with new 5 year lease
Property History for 324/1 Valentine Ave, Parramatta, NSW 2150
- 30 Jul 2021Listed for Sale For Sale | Offers Invited
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0About Parramatta 2150
The size of Parramatta is approximately 5.5 square kilometres. There are 29 parks, covering nearly 23.8% of the total area. The population of Parramatta in 2016 was 25798 people. By 2021 the population was 30211 showing a population growth of 17.1% in the area during that time. The predominant age group in Parramatta is 30-39 years. Households in Parramatta are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parramatta work in a professional occupation.In 2021, 27.60% of the homes in Parramatta were owner-occupied compared with 28.10% in 2016.
Parramatta has 21,251 properties. Over the last 5 years, Houses in Parramatta have seen a 24.14% increase in median value, while Units have seen a 6.76% increase. As at 30 April 2026:
- The median value for Houses in Parramatta is $1,631,066 while the median value for Units is $636,199.
- Houses have a median rent of $700 while Units have a median rent of $670.
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