Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1005
Level 10
2-Bedroom with City Views Residences
Harris Tower — Unit 1005 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,162,000
2.6% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,162,000
NSW Stamp Duty
$46,820
Est. Weekly Rent
$572/wk
Gross Yield
2.56%
Year 1 After-Tax Cashflow
$-10,872
Est. Mortgage (80% LVR)
$1312/wk
6.19% rate, 30yr P&I
Financial projections are estimates only. Yields assume median suburb rents. Stamp duty calculated on NSW 2025/26 rates. Seek independent financial advice.
About This Residence
Priced above the suburb's $620,000 unit median, this asset commands a premium for its strategic 10th-floor position offering sweeping city views and direct light rail access. The 2-bedroom, 2-bathroom layout delivers a high-end Parramatta lifestyle with strong rental demand evidenced by the area's tight 2.8% vacancy rate. Despite the $10,872 first-year cashflow shortfall, its ASPIRE Score™ of 60/100 highlights a trade-off between immediate yield and long-term growth in a capital gaining 2 bedroom apartment Parramatta investment.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level10
AspectBuilding L02 - L21
Deposit (20%)$232,400
Loan Amount$929,600
Development Features
a collection of parkside residences set above a vibrant village precinct
with uninterrupted city and river views. Surrounded by lush open spaces
family friendly playgrounds and the new Parramatta Light Rail on your doorstep
Cosmopolitan is your ultimate destination to live
work
play and connect.
Features include:
- On the doorstep of Robin Thomas Light Rail
- Walking distance to train station
Parramatta Westfield and an array of surrounding amenities
- Retail spaces on the ground floor providing ultimate convenience
- One
two and three bedroom apartments with views over the CBD