2-Bedroom with City Views Residences

Positioned directly on the Parramatta light rail route, this $1,649,000 3-bedroom apartment offers expansive city views from the 26th floor, capitalising on Parramatta's 7.8% annual unit growth. While presenting a high-spec lifestyle investment, its 1.8% yield results in an estimated first-year cashflow shortfall of $21,561, a trade-off for capital growth in a suburb with an 84/100 Investment Score. Savvy investors should weigh the $73,105 stamp duty outlay against Parramatta's exceptional 28.2% five-year growth trajectory for a balanced portfolio approach.