Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1006
Level 10
2-Bedroom with City Views Residences
Harris Tower — Unit 1006 | 3B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,356,000
2.2% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
124m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,356,000
NSW Stamp Duty
$56,990
Est. Weekly Rent
$572/wk
Gross Yield
2.19%
Year 1 After-Tax Cashflow
$-15,130
Est. Mortgage (80% LVR)
$1532/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
With a compelling ASPIRE Score™ of 84/100 signalling strong suburb fundamentals, this $1,356,000 3-bedroom apartment places you in Parramatta's urban core with direct light rail access. While its current estimated yield of 2.19% is below the area's 4.8% median, this expansive 124m² layout offers a substantial footprint for a 3 bedroom apartment Parramatta investment, catering to growing professional tenants. The estimated Year 1 cashflow of -$15,130 underscores a strategy focused on long-term capitalisation of Parramatta's robust 28.2% five-year unit growth.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level10
AspectBuilding L02 - L21
Deposit (20%)$271,200
Loan Amount$1,084,800
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