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Back 3/374 Severin Street
Off Market

3/374 Severin Street

Parramatta Park QLD 4870

1
1
1
46 m²
46 m²
Unit
Last sold for $330,000
Alesha WilsonAlesha Wilson, last sold this property on 22 June 2026 after 54 days on market.

Overview

Occupy or Set & Forget Investment with Immediate Upside

Positioned in the highly convenient city fringe suburb of Parramatta Park, this low-maintenance 1-bedroom unit presents an outstanding opportunity for owner occupiers or savvy investors looking to secure a property with immediate rental growth potential. Currently vacant, this property offers the perfect transition into your new home or a higher-yielding asset. With a current rental appraisal of $410 - $430 per week, the next tenancy allows for an instant increase in return-making, this an ideal "buy now, benefit immediately" investment. The layout is practical and easy-care, appealing to a broad buyer pool, while the location places you just minutes from the Cairns CBD, local amenities, and public transport-ensuring ongoing demand. Why this property stands out: - Strong rental appraisal with upside from day one of new tenancy - Lease ending soon, giving flexibility to occupy or reset rent immediately - Low-maintenance, easy-to-let 1-bedroom configuration - Close proximity to the CBD, making it highly attractive - Ideal for investors, first home buyers, or downsizers seeking simplicity Body Corporate Fees: Approx $4,720pa Council Rates: Approx $3,200pa Please enquire to receive a copy of the following documentation: Seller Disclosure Property Summary Buyer Guide AGM Minutes Rental Appraisal Offer Form Whether you're looking to expand your portfolio with a reliable performer or secure a compact property in a high-demand location, this is an opportunity that ticks all the right boxes. **Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavor to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
46 m² floor area
46 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Parramatta Park over the last 12 months, the estimated median property value of 3/374 Severin Street is $325k.

Median value
$325k
Estimated value range
$230k - $380k
Median days on market
23
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Parramatta Park. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/374 Severin Street

2026
Sold
$330,000
22 Jun 2026 by Alesha Wilson, of Ray White Cairns
2025
Rented
Undisclosed
Leased on 19 May 2025 by Champions In Real Estate
2024
Sold
$200,000
Private Sale/Treaty on 14 Nov 2024 by Andrew Thornton, of Champions In Real Estate

Happy sellers in Parramatta Park

91%
91% of sellers in Parramatta Park reported that their sale price either exceeded or met their price expectations.

Parramatta Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Parramatta Park over the last 12 months.

Local market activity for 1 bedroom units in Parramatta Park

In the last 12 months, 7 one-bedroom units similar to 3/374 Severin Street, have been sold.

This represents a 100% decrease in one-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Parramatta Park

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Adam Saitta

Adam Saitta is a recommended agent for Parramatta Park.  They have 2 local sales and collected 5 local reviews across the last 12 months.

  •   5   (35 reviews)
  •  5 Reviews in Parramatta Park
  •  2 Sales in Parramatta Park
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Pauline Humphries

Sellers who recommend Pauline Humphries have praised them for being clear communication, local expert, responsive, honest, friendly, supportive and reliable

  •   5   (136 reviews)
  •  4 Reviews in Parramatta Park
  •  2 Sales in Parramatta Park
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Karl Latham

Sellers who recommend Karl Latham have praised them for being clear communication, local expert, responsive, supportive, reliable, well-prepared and friendly

  •   4.9   (579 reviews)
  •  4 Reviews in Parramatta Park
  •  1 Sale in Parramatta Park
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Zoe Wicks

Sellers who recommend Zoe Wicks have praised them for being clear communication, local expert, friendly, responsive, supportive, well-prepared and great negotiation

  •   4.9   (246 reviews)
  •  2 Reviews in Parramatta Park
  •  4 Sales in Parramatta Park
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