Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2908
Level 29
2-Bedroom with City Views Residences
Harris Tower — Unit 2908 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,048,000
2.8% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,048,000
NSW Stamp Duty
$41,690
Est. Weekly Rent
$572/wk
Gross Yield
2.84%
Year 1 After-Tax Cashflow
$-8,370
Est. Mortgage (80% LVR)
$1184/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 the $1,048,000 price point is above Parramatta's $620,000 unit median, this high-floor 2-bedroom delivers a prime lifestyle with immediate light rail access and soaring city vistas. The estimated $572/week rent generates a 2.84% yield, contributing to a first-year after-tax cashflow position of -$8,370. This investor-ready apartment, holding an ASPIRE Score of 60, offers a strategic entry into a high-growth Parramatta market where unit values have risen 7.8% in the past year alone.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level29
AspectBuilding L22 - L40
Deposit (20%)$209,600
Loan Amount$838,400
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