Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1903
Level 19
2-Bedroom with City Views Residences
Harris Tower — Unit 1903 | 3B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,456,000
2.0% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
122m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,456,000
NSW Stamp Duty
$62,490
Est. Weekly Rent
$572/wk
Gross Yield
2.04%
Year 1 After-Tax Cashflow
$-17,325
Est. Mortgage (80% LVR)
$1645/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 an ASPIRE Score™ of 58/100, this $1,456,000 3-bedroom apartment in Parramatta offers a 2.04% yield against a suburb median of 4.8%. Its prime 19th-floor position and direct light rail connection deliver a low-vacancy lifestyle for tenants seeking premium space. The first-year after-tax cashflow of -$17,325 is offset by Parramatta's strong 7.8% annual unit growth, positioning it for capital gains over immediate rental return.
Explore Other Residences
Related Insights
Parramatta Suburb Profile
2150 · Median $620K
Property Insights
Kensington Market Forecast 2026: High Returns vs. Sydney
Discover why Kensington's property market is set to outperform Sydney averages by 2026, offering investors a remarkable
Melrose Park 2026 Property Market Analysis: Insights & Trends
Discover how Melrose Park's $750,000 median unit market stacks up against Sydney, offering lucrative investment opportun
Maximize Your Returns: The Melrose Park Investment Strategy
Discover how Melrose Park offers savvy investors a strategic edge with insights on stamp duty concessions, optimal entit
Quick Summary
Property Typecommercial
Level19
AspectBuilding L02 - L21
Deposit (20%)$291,200
Loan Amount$1,164,800
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