5/374 Severin St, Parramatta Park is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 46m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in January 2007.
Positioned in the heart of Parramatta Park, this is smart buying for those who know the value of location, low maintenance, and long-term potential.
Just minutes from the Cairns CBD, this well-positioned property offers the kind of convenience tenants and owner-occupiers actively look for - cafs, dining, shopping, and everyday essentials all within easy reach.
Whether youre building your portfolio, stepping into the market, or simplifying your lifestyle, this is a move that makes sense.
- 1 bedroom
- 1 bathroom
- 1 car space
- Low-maintenance
- High-demand CBD-fringe position
Investment Snapshot:
Currently returning $360 per week, with future upside to increase to $400 per week from 04/12/2026 - making this an attractive set-and-hold investment with built-in growth potential.
For investors, its a straightforward addition with consistent demand and room to improve returns. For first home buyers, its an affordable entry into a central, well-connected location. For downsizers, its easy, practical living without the upkeep.
Outgoings:
Body Corporate: approx. $4200 per annum
Council Rates: approx. $3200 per annum
Opportunities like this - close to the CBD, low-maintenance, and offering both immediate return and future upside - dont sit around.
Inspections by appointment - Contact us to make a time.
Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. The photos may include digital staging, and the furniture may not represent what is at the property. This property is not furnished. We accept no responsibility or liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective buyers are encouraged to make their own enquiries to verify the information contained in this advertisement.
The size of Parramatta Park is approximately 1.6 square kilometres. There are 4 parks, covering nearly 13.9% of the total area. The population of Parramatta Park in 2016 was 3508 people. By 2021 the population was 3621 showing a population growth of 3.2% 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 2021, 33.00% of the homes in Parramatta Park were owner-occupied compared with 29.80% in 2016.
Parramatta Park has 1,973 properties. Over the last 5 years, Houses in Parramatta Park have seen a 57.05% increase in median value, while Units have seen a 80.18% increase. As at 30 September 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.