Ding Real EstateIntegrated Property Financial Advisory
Residence
Unit 1607
Level 16

2-Bedroom with City Views Residences

Harris Tower — Unit 1607 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

61ASPIRE
$979,000
3.0% gross yield

Residence Configuration

2
Bedrooms
2
Bathrooms
1
Car Space
99m²
Total Area
Aspect: Building L02 - L21

Financial Analysis

Purchase Price
$979,000
NSW Stamp Duty
$38,585
Est. Weekly Rent
$572/wk
Gross Yield
3.04%
Year 1 After-Tax Cashflow
$-6,856
Est. Mortgage (80% LVR)
$1106/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 at a significant discount to Parramatta's $620,000 unit median, this $979,000 2 bedroom apartment represents a strategic entry point into a high-growth market. The 16th-floor residence offers a spacious 99m² layout and effortless connection to Sydney's light rail network, catering to modern urban professionals. Despite a forecast negative cashflow, the high 90/100 suburb growth potential and strong 4.8% area rental yield underpin its long-term capital appeal, as reflected in its 61/100 ASPIRE Score™.

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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
Level16
AspectBuilding L02 - L21
Deposit (20%)$195,800
Loan Amount$783,200

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