Parramatta Rd, Concord NSW 2137

There are insufficient recent house sales on Parramatta Rd to calculate a reliable premium or discount against the Concord average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

There are no bushfire or heritage overlays on the street, and no properties are located near high-voltage powerlines. Four properties fall within a flood overlay, two are recommended for a flood check, and one has no flood risk identified or not mapped. A flood overlay or recommended flood check does not necessarily mean a property floods, but it is worth reviewing council mapping, flood reports and insurance costs before purchasing.

There is no house, duplex, or terrace home with known site-vs-street height data on Parramatta Rd, so the elevation profile is unavailable. Buyers should assess the specific property rather than relying on the street average.

Parramatta Rd is classified as a highway with a 60km/h speed limit, and all non-commercial residential properties on the street front this dominant road section. Highways generally carry more through traffic, which may influence the noise and traffic environment for residents.

Parramatta Rd has 171 residential properties, with apartments making up 95.9% of the stock and houses accounting for just 4.1%. This means the street is predominantly apartments.

The major apartment developments on Parramatta Rd include 29 Parramatta Rd (86 lots, 5 levels, built in 2004), 143 Parramatta Rd (51 lots, 5 levels, built in 2004), and 129 Parramatta Rd (14 lots, 5 levels, built in 2017). These developments contribute to the street's higher-density residential character.

Four apartments have sold in the past 12 months, while no houses have sold. The 5-year turnover rate for apartments is 25%, meaning a quarter of the apartment stock changed ownership during the past five years. No houses have sold in the past five years, so there is no turnover data for that category.

Parramatta Rd is best suited for apartment buyers who are comfortable with a highway environment and higher-density living. The street is overwhelmingly made up of apartments, with very few houses available. Buyers looking for detached houses or quiet local streets will find limited options here, while those seeking established apartment buildings near a major transport corridor will find a strong supply of stock.