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Properties in Parramatta

August 26th 2008 06:45
Parramatta apartment


Western Sydney suburb, Parramatta, is a major commercial centre of Great Western Sydney, approximately 20 kilometres away from the Central Business District of Sydney. Besides being a major commercial centre, the suburb is also a Government centre, education centre and a major transport hub while also boasting a rich heritage and plenty of parklands.

In the twelve months leading up to August 2008, the median house and unit price in Parramatta is $416,000 and $296,000 respectively. This compares favourably to the region's average of $360,000 and $280,000.


Parramatta apartment


Therefore, it's no wonder that many Sydneysiders are buying their first homes or raising a family in Parramatta. The area is also luring investors with its array of beautiful apartments which promises solid returns in the long term.

Take these two- to three- bedroom apartments for example. Boasting a beautiful design, two large front and rear balconies, modern kitchen, spacious bedrooms (and ensuites) and living areas, all inside a security building with undercover parking located in a basement carpark.

Close to a range of amenities - 3 and 7 minutes to Parramatta and Granville station respectively, the asking price is $290,000.00 and ideal for the first home buyer.

Interested parties should direct their queries to 0416 299 249.


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