Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1202
Level 12
2-Bedroom with City Views Residences
Harris Tower — Unit 1202 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
61ASPIRE
$1,015,000
2.9% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,015,000
NSW Stamp Duty
$40,205
Est. Weekly Rent
$572/wk
Gross Yield
2.93%
Year 1 After-Tax Cashflow
$-7,646
Est. Mortgage (80% LVR)
$1146/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 at $1,015,000, this 2 bedroom apartment Parramatta investment sits above the suburb's $620,000 unit median, targeting a premium segment with a strong 7.8% annual growth backdrop. Level 12 delivers a spacious 101m² floorplan with two bathrooms, positioned moments from the light rail for ultimate city connectivity. With an ASPIRE Score of 61/100, investors should note the estimated first-year cashflow of -$7,646, prioritising long-term capital growth over immediate yield from its $572 weekly rent.
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Quick Summary
Property Typecommercial
Level12
AspectBuilding L02 - L21
Deposit (20%)$203,000
Loan Amount$812,000
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