What is the price of Unit 1505 at Harris Tower, Parramatta?

Unit 1505 is priced at $1,204,000.

What is the rental yield for this Parramatta apartment?

The estimated gross yield is 2.5% based on a weekly rent of $572.

How does this unit compare to Parramatta's median unit price?

At $1,204,000, Unit 1505 is significantly above Parramatta's $620,000 median unit price.

What transport options are available at 34 Hassall St?

Direct light rail access is available at the doorstep, with excellent walkability and public transport links.

What makes this Parramatta apartment unique?

It offers expansive city views from the 15th floor, a generous 101m² layout, and direct access to key transport.

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Residence

Unit 1505

Level 15

2-Bedroom with City Views Residences

Name: Unit 1505 — 2-Bedroom with City Views Residences
Brand: Ding Real Estate
Price: 1204000 AUD
Availability: InStock

Harris Tower — Unit 1505 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

60ASPIRE

$1,204,000

2.5% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

101m²

Total Area

Aspect: Building L02 - L21

Financial Analysis

Purchase Price

$1,204,000

NSW Stamp Duty

$48,710

Est. Weekly Rent

$572/wk

Gross Yield

2.47%

Year 1 After-Tax Cashflow

$-11,794

Est. Mortgage (80% LVR)

$1360/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

With a $1,204,000 price point significantly above Parramatta's $620,000 unit median, this asset's value is anchored by its prime 15th-floor position offering direct light rail access and expansive city views from a 101m² two-bedroom layout. The resulting $11,794 annual cashflow shortfall is mitigated by Parramatta's robust 7.8% annual unit growth and strong rental demand in this 84/100 investment-scored suburb. This positions the property for capital appreciation over immediate yield, suiting an investor focused on long-term growth within a high-connectivity Parramatta 2 bedroom apartment investment.