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Residence
Unit 1608
Level 16
2-Bedroom with City Views Residences
Harris Tower — Unit 1608 | 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
106m²
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
Priced at $979,000, this 2 bedroom apartment in Parramatta presents a strategic entry point below the suburb's median unit price, supported by an ASPIRE Score™ of 61/100. The 16th-floor position and light rail doorstep access deliver a high-amenity lifestyle in a precinct with 7.8% annual unit growth. Investors should note the estimated first-year cashflow of $-6,856 is offset by strong long-term capital growth fundamentals in this transport-rich location.
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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