Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1206
Level 12
2-Bedroom with City Views Residences
Harris Tower — Unit 1206 | 3B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,377,000
2.2% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
124m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,377,000
NSW Stamp Duty
$58,145
Est. Weekly Rent
$572/wk
Gross Yield
2.16%
Year 1 After-Tax Cashflow
$-15,591
Est. Mortgage (80% LVR)
$1555/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
This 3 bedroom apartment Parramatta investment sits in a prime position priced at $1,377,000, yet its 2.16% yield and -$15,591 first-year cashflow demand a strategic, long-term outlook. The 12th-floor layout offers family-friendly space and direct light rail access for an urban lifestyle, contrasting with the suburb's 4.8% average yield. Its ASPIRE Score of 59/100 highlights a focus on capital growth, leveraging Parramatta's strong 7.8% annual unit growth against the initial $58,145 stamp duty outlay.
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Related Insights
Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level12
AspectBuilding L02 - L21
Deposit (20%)$275,400
Loan Amount$1,101,600
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