Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2501
Level 25
2-Bedroom with City Views Residences
Harris Tower — Unit 2501 | 1B/1B/0C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
65ASPIRE
$817,000
3.6% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
0
Car Spaces
76m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$817,000
NSW Stamp Duty
$31,295
Est. Weekly Rent
$572/wk
Gross Yield
3.64%
Year 1 After-Tax Cashflow
$-3,300
Est. Mortgage (80% LVR)
$923/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 priced above the Parramatta median, this 25th-floor 1-bedroom apartment offers a strategic entry point with its $817,000 ticket commanding a prime city view position and immediate light rail access. The resulting 3.64% yield and an ASPIRE Score™ of 65/100 indicate a solid asset, where the first-year after-tax cashflow of -$3,300 is offset by exceptional rental demand, evidenced by the suburb's 2.8% vacancy rate and $572 weekly rent norm.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level25
AspectBuilding L22 - L40
Deposit (20%)$163,400
Loan Amount$653,600
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