Ding Real EstateIntegrated Property Financial Advisory
Residence
Unit 1502
Level 15

2-Bedroom with City Views Residences

Harris Tower — Unit 1502 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

61ASPIRE
$1,026,000
2.9% gross yield

Residence Configuration

2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L02 - L21

Financial Analysis

Purchase Price
$1,026,000
NSW Stamp Duty
$40,700
Est. Weekly Rent
$572/wk
Gross Yield
2.90%
Year 1 After-Tax Cashflow
$-7,887
Est. Mortgage (80% LVR)
$1159/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 $620,000 median unit price at $1,026,000, this 15th-floor 2 bed, 2 bath apartment offers a premium lifestyle with city views and direct light rail access for an unrivalled commute. While its 2.9% yield reflects a growth-focused entry, the suburb's strong 7.8% annual unit growth and high 90/100 growth potential underpin its future valuation. The property's ASPIRE Score of 61/100 identifies it as a strategic play for investors targeting long-term capital gains over immediate cashflow, requiring an initial annual outlay of $7,887.

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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
Level15
AspectBuilding L02 - L21
Deposit (20%)$205,200
Loan Amount$820,800

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