Ding Real EstateIntegrated Property Financial Advisory
Residence
Unit 1408
Level 14

2-Bedroom with City Views Residences

Harris Tower — Unit 1408 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

61ASPIRE
$969,000
3.1% gross yield

Residence Configuration

2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L02 - L21

Financial Analysis

Purchase Price
$969,000
NSW Stamp Duty
$38,135
Est. Weekly Rent
$572/wk
Gross Yield
3.07%
Year 1 After-Tax Cashflow
$-6,636
Est. Mortgage (80% LVR)
$1094/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

Strategically priced at $969,000, this investment is positioned below the established Parramatta unit median, offering immediate entry into a market with a 28.2% 5-year growth trajectory. The 14th-floor two-bedroom layout capitalises on its light rail doorstep access, providing a high-amenity lifestyle in a precinct with an 84/100 investment score. Despite the current $6,636 first-year cashflow gap, the $572 weekly rent taps into a market with a tight 2.8% vacancy rate, indicating strong underlying rental demand for well-located Parramatta apartments.

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Related Insights

Parramatta Suburb Profile
2150 · Median $620K
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Your Agent

Graham Chee
Ding Real Estate
0283388900 [email protected]

Quick Summary

Property Typecommercial
Level14
AspectBuilding L02 - L21
Deposit (20%)$193,800
Loan Amount$775,200

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