What is the price of Unit 1604 at Harris Tower, Parramatta?

Unit 1604 is priced at $1,120,000.

What are the key features of this Parramatta apartment?

Level 16 city views, 2 bedrooms, 2 bathrooms, 1 car space, 106m², direct light rail access.

What is the estimated rental yield of Unit 1604?

The estimated gross yield is 2.7% based on a $572/week rent.

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

It is $500,000 above the suburb median price of $620,000, reflecting its premium city views and location.

Is Parramatta a good suburb for property investment?

Parramatta has seen 7.8% annual unit price growth and strong infrastructure investment, making it a growth-focused suburb.

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Residence

Unit 1604

Level 16

2-Bedroom with City Views Residences

Name: Unit 1604 — 2-Bedroom with City Views Residences
Brand: Ding Real Estate
Price: 1120000 AUD
Availability: InStock

Harris Tower — Unit 1604 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

60ASPIRE

$1,120,000

2.7% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

106m²

Total Area

Aspect: Building L02 - L21

Financial Analysis

Purchase Price

$1,120,000

NSW Stamp Duty

$44,930

Est. Weekly Rent

$572/wk

Gross Yield

2.66%

Year 1 After-Tax Cashflow

$-9,950

Est. Mortgage (80% LVR)

$1265/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 $500,000 above the Parramatta unit median, this 16th-floor, 2 bedroom apartment at 34 Hassall St offers a strategic investment despite its modest 2.66% yield. Its direct light rail access and city outlook promise a premium tenant lifestyle, with suburb data showing strong 7.8% annual unit growth. The ASPIRE Score of 60/100 suggests focusing on long-term capital gain, supported by a tight 2.8% vacancy rate ensuring steadfast rental demand for this $1,120,000 asset.