Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1404
Level 14
2-Bedroom with City Views Residences
Harris Tower — Unit 1404 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,099,000
2.7% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,099,000
NSW Stamp Duty
$43,985
Est. Weekly Rent
$572/wk
Gross Yield
2.71%
Year 1 After-Tax Cashflow
$-9,489
Est. Mortgage (80% LVR)
$1241/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
Positioned above Parramatta's median unit price at $1,099,000, this 2-bedroom apartment investment achieves a 2.71% yield, supported by its premium 14th-floor aspect and immediate light rail access for urban professionals. While the ASPIRE Score™ of 60/100 indicates a focus on lifestyle over immediate high yield, the strong $572/week rental income is underpinned by Parramatta's exceptional 90/100 growth potential and 2.8% vacancy rate, offering a strategic entry into a high-demand market.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level14
AspectBuilding L02 - L21
Deposit (20%)$219,800
Loan Amount$879,200
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