Property Insights And Market Analysis For 351 Church Street, Parramatta NSW 2150
Understanding the real estate market dynamics of 351 Church Street, Parramatta NSW 2150 is crucial for potential buyers, sellers, and investors. This comprehensive guide provides detailed property data, historical sales information, and valuable insights into the Parramatta real estate landscape.
Property Data and Sales History
Historical Sales Data
Property data for 351 Church Street, Parramatta NSW 2150 reveals significant market trends and valuation patterns. The property's sale history demonstrates the evolving nature of Parramatta's real estate market, with prices reflecting both local and broader economic factors.
Recent sales data indicates that properties in this area have experienced steady appreciation over the past decade. The historical sales records show a consistent upward trajectory, making it an attractive investment location for both residential and commercial purposes.
Current Market Value
Getting the sold price history and market data for real estate in Parramatta NSW is essential for making informed decisions. The current market value of 351 Church Street reflects its prime location and the ongoing development in the Parramatta CBD area.
Real estate experts suggest that properties in this vicinity typically command premium prices due to their proximity to key amenities, transport links, and the Parramatta CBD's expanding business district.
Parramatta's Urban Development
Cultural Facility Redevelopment
The redevelopment project in Parramatta will deliver a modernised and significantly expanded cultural facility that meets the needs of the current and future population of the city of Parramatta and greater Western Sydney. This development is expected to have a positive impact on property values in the surrounding areas, including Church Street.
The cultural precinct development includes new entertainment venues, public spaces, and improved infrastructure, which typically leads to increased property demand and value appreciation in nearby locations.
Infrastructure Improvements
The ongoing infrastructure improvements in Parramatta, including transport upgrades and urban renewal projects, have contributed to the area's growing appeal. These developments have made properties like 351 Church Street more attractive to both investors and owner-occupiers.
Property Research and Analysis
Domain Insights
Following this address and exploring price estimations, demand, and real estate insights on Domain provides valuable information for potential buyers and investors. The platform offers comprehensive data on property trends, comparable sales, and market forecasts specific to Parramatta.
Domain's analytics suggest that properties in the Church Street area continue to show strong demand, particularly from professionals working in the Parramatta CBD and nearby business districts.
Property Value Estimator
Finding out the sale and rental history of 351 Church Street, Parramatta, NSW 2150 on property value estimator tools can provide crucial insights into the property's performance over time. These tools typically offer detailed information about:
- Historical sale prices
- Rental yields
- Capital growth rates
- Comparative market analysis
- Neighborhood statistics
Local Amenities and Lifestyle
Educational Facilities
Researching schools for 351 Church Street, Parramatta NSW 2150 is an important consideration for families. The area boasts several reputable educational institutions, including:
- Parramatta Public School
- Parramatta High School
- Various private and independent schools
- Tertiary education institutions nearby
The proximity to quality educational facilities often contributes to property value stability and growth potential.
Lifestyle Benefits
The location offers numerous lifestyle advantages, including:
- Close proximity to Parramatta Park
- Access to Westfield shopping centre
- Multiple dining and entertainment options
- Excellent public transport connections
- Cultural and recreational facilities
Real Estate Market Trends
Recent Sales Data
Viewing recent sales prices and real estate data for Parramatta provides context for understanding the market position of 351 Church Street. The data shows that properties in this area typically:
- Achieve strong capital growth
- Maintain high rental yields
- Attract diverse buyer interest
- Show resilience during market fluctuations
Comparable Properties
Examining similar listings in Parramatta on platforms like Allhomes.com.au helps establish a clear understanding of the property's market position. Comparable properties in the area typically feature:
- Modern amenities
- Proximity to transport
- Quality construction
- Desirable street presence
Investment Considerations
Market Analysis
For potential investors, understanding the market dynamics of 351 Church Street, Parramatta NSW 2150 is crucial. The area's investment potential is supported by:
- Strong population growth in Western Sydney
- Ongoing infrastructure development
- Increasing business activity in Parramatta CBD
- Growing demand for quality accommodation
Risk Assessment
When considering investment in this property, it's important to evaluate:
- Market cycles and timing
- Rental demand and yield potential
- Development plans in the area
- Economic factors affecting property values
Future Outlook
Development Plans
The future outlook for 351 Church Street and the surrounding area remains positive, with several development projects planned or underway. These include:
- CBD expansion projects
- Transport infrastructure upgrades
- Cultural and recreational facilities
- Commercial development initiatives
Market Predictions
Real estate experts predict continued growth in the Parramatta property market, with properties like 351 Church Street likely to benefit from:
- Increasing demand for CBD-adjacent living
- Population growth in Western Sydney
- Improved transport connectivity
- Enhanced lifestyle amenities
Conclusion
351 Church Street, Parramatta NSW 2150 represents an excellent opportunity for both owner-occupiers and investors. The property's location, combined with Parramatta's ongoing development and growth, positions it well for long-term value appreciation.
Understanding the comprehensive property data, historical sales information, and market trends is essential for making informed decisions. The area's strong fundamentals, including infrastructure development, lifestyle amenities, and economic growth, support its position as a prime real estate location in Western Sydney.
For those considering property investment or purchase in Parramatta, 351 Church Street offers a compelling combination of location, potential, and market stability. Regular monitoring of market conditions and consultation with real estate professionals can help maximize the benefits of investing in this promising location.
