Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2107
Level 21
2-Bedroom with City Views Residences
Harris Tower — Unit 2107 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
61ASPIRE
$1,005,000
3.0% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
99m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,005,000
NSW Stamp Duty
$39,755
Est. Weekly Rent
$572/wk
Gross Yield
2.96%
Year 1 After-Tax Cashflow
$-7,426
Est. Mortgage (80% LVR)
$1135/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
While its $1,005,000 price point presents a premium entry, this 21st-floor, 2 bedroom apartment Parramatta investment delivers exceptional city views and lifestyle with direct light rail access at your doorstep. The property offers a 2.96% yield against Parramatta’s strong 4.8% unit median, reflecting its high-quality, low-maintenance appeal for tenants seeking premium convenience. With an ASPIRE Score of 61, investors should note the estimated first-year cashflow position of -$7,426, targeting capital growth over immediate income in this high-demand transport corridor.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level21
AspectBuilding L02 - L21
Deposit (20%)$201,000
Loan Amount$804,000
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