Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1805
Level 18
2-Bedroom with City Views Residences
Harris Tower — Unit 1805 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,246,000
2.4% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,246,000
NSW Stamp Duty
$50,940
Est. Weekly Rent
$572/wk
Gross Yield
2.39%
Year 1 After-Tax Cashflow
$-12,716
Est. Mortgage (80% LVR)
$1407/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
This Parramatta 2 bedroom apartment investment, priced at $1,246,000, presents a distinctive high-growth profile with a unit market delivering 28.2% growth over five years, despite its lower 2.39% yield. Unit 1805 offers a premium 18th-floor lifestyle in a sought-after building, featuring two full bathrooms and direct light rail access for ultimate urban connectivity. An ASPIRE Score of 59/100 indicates a focus on capital appreciation over immediate cashflow, aligning with Parramatta's strong rental demand evidenced by its tight 2.8% vacancy rate.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level18
AspectBuilding L02 - L21
Deposit (20%)$249,200
Loan Amount$996,800
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