What is the price of Unit 2004 at Harris Tower, Parramatta?

Unit 2004 is priced at $1,173,000.

What is the estimated rental yield for this apartment?

The gross rental yield for Unit 2004 is 2.5%.

How does this apartment compare to the Parramatta median unit price?

This apartment is priced above the Parramatta median unit price of $620,000, reflecting its premium size, level, and city views.

Is Parramatta a good suburb for property growth?

Parramatta has seen a 7.8% unit price growth in the last year and 28.2% over five years, indicating strong market performance.

Does this apartment have easy access to public transport?

Yes, Unit 2004 offers direct access to the light rail, enhancing connectivity and urban convenience.

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Residence

Unit 2004

Level 20

2-Bedroom with City Views Residences

Name: Unit 2004 — 2-Bedroom with City Views Residences
Brand: Ding Real Estate
Price: 1173000 AUD
Availability: InStock

Harris Tower — Unit 2004 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

60ASPIRE

$1,173,000

2.5% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

106m²

Total Area

Aspect: Building L02 - L21

Financial Analysis

Purchase Price

$1,173,000

NSW Stamp Duty

$47,315

Est. Weekly Rent

$572/wk

Gross Yield

2.54%

Year 1 After-Tax Cashflow

$-11,114

Est. Mortgage (80% LVR)

$1325/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 a robust 7.8% annual growth rate, this apartment capitalises on Parramatta's high-performance unit market. Positioned on the 20th floor, this 2 bed, 2 bath residence offers direct light rail access for a connected urban lifestyle. The $572 weekly rent provides strong tenant demand, yet the $11,114 annual cashflow gap requires an investor strategy focused on substantial capital growth over immediate yield, as reflected in its 60/100 ASPIRE Score™.