Ding Real EstateIntegrated Property Financial Advisory
Residence
Unit 2508
Level 25

2-Bedroom with City Views Residences

Harris Tower — Unit 2508 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

61ASPIRE
$1,026,000
2.9% gross yield

Residence Configuration

2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L22 - L40

Financial Analysis

Purchase Price
$1,026,000
NSW Stamp Duty
$40,700
Est. Weekly Rent
$572/wk
Gross Yield
2.90%
Year 1 After-Tax Cashflow
$-7,887
Est. Mortgage (80% LVR)
$1159/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 premium 2 bedroom apartment Parramatta investment, priced at $1,026,000, presents a strategic entry point into a high-growth market where unit median prices have surged 28.2% over five years. Occupying the 25th floor with direct light rail access, it offers a low-maintenance, high-amenity lifestyle appealing to tenants. While the initial yield is 2.9%, its strong ASPIRE Score of 61/100 and robust suburb fundamentals suggest future capital appreciation to offset the first-year cashflow position of -$7,887.

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Related Insights

Parramatta Suburb Profile
2150 · Median $620K
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Your Agent

Graham Chee
Ding Real Estate
0283388900 [email protected]

Quick Summary

Property Typecommercial
Level25
AspectBuilding L22 - L40
Deposit (20%)$205,200
Loan Amount$820,800

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