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Parramatta, NSW 2150 Review
Sumeet
Parramatta
Hi All, I am currently renting in Parramatta ($550/wk), to take advantage to low interest rates I am planning to jump into real estate market and purchase my first homeMy budget is around 750-800K and my criteria are convenience commute to city, good school and long term appreciation.In this budget I can purchase 3bed apartment in Parramatta or house/ ( ~300 sqm) in Schofields.I am confused in which way should I go one is better in term of convenience and in other I see more appreciation? -Sumeet
6 Replies
154 Views
22D ago
Joshua
Parramatta
The Parramatta region has the biggest concentration of Sydney homes under $650,000. Sydney’s second CBD is the best location to start looking for a first home.
Analysis of real estate listings revealed Parramatta is the Sydney region with the highest concentration of properties first home buyers can purchase with government benefits.
More than half the properties for sale are priced at less than $650,000, allowing first home buyers to get a state government exemption on paying stamp duty, the realestate.com.au research showed.
Parramatta also has one of Sydney’s biggest concentrations of properties priced under $700,000 – the threshold for accessing the First Home Buyer Loan Deposit scheme launched earlier this year. Read More:x
Sydneyâs best area for first home buyers
Sydneyâs second CBD is the best location to start looking for a first home.
www.news.com.au
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238 Views
23D ago
Justprop Team
Parramatta
Sydney has never seen a public school like it.
When Arthur Phillip High's $225 million high-rise campus opens in Parramatta in term one next year, abseilers will clean the windows. Students will eat lunch in mesh-enclosed courtyards overlooking city rooftops, before continuing their lessons in sound-proofed music rooms, or in penthouse science labs, or in atriums with eight metre-high ceilings.
The Herald visited the new high school on Tuesday, as construction of the ambitious project enters its final phase and students at the original, 144-year-old Arthur Phillip High across the road prepare to begin testing its state-of-the-art facilities. Details inside:x
Classrooms with a view: Inside Sydney's new $225 m...
Penthouse science labs, eight-metre ceilings and classrooms with a view; inside Australia's most expensive school
www.smh.com.au
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48 Views
29D ago
Justprop Team
Parramatta
High-profile property companies, the Roberts family-backed RF CorVal and Melbourne-based Grocon, have struck fresh deals in the western Sydney hub of Parramatta where billions of new developments are in the pipeline.
The area’s rapid growth has already attracted tycoon Lang Walker, who is undertaking the $3.2 billion Parramatta Square precinct, and a host of other majors including Charter Hall, Dexus, Mirvac and GPT, as well as private players.
In a deal struck just before year end, Terraform Capital on behalf of Longbow Enterprises sold a part interest in 110 George St, Parramatta in an off-market transaction. The stake in the building, known as the Octagon, was snapped up by RF CorVal, which bought the stake for its new Value Active Fund 2.
While pricing was undisclosed, the entire complex is worth more than $150 million. The purchase will provide a longer-term development opportunity with holding income. Terraform and RF CorVal will jointly manage the property, with a repositioning likely in future. Read more...x
Major players buy into Parramatta office market
High-profile property companies, the Roberts family-backed RF CorVal and Melbourne-based Grocon, have struck fresh deals in the western Sydney hub of Parramatta where billions of new developments are ...
www.realcommercial.com.au
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44 Views
1Mo ago
Joshua
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