Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3007
Level 30
2-Bedroom with City Views Residences
Harris Tower — Unit 3007 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
61ASPIRE
$995,000
3.0% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
99m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$995,000
NSW Stamp Duty
$39,305
Est. Weekly Rent
$572/wk
Gross Yield
2.99%
Year 1 After-Tax Cashflow
$-7,207
Est. Mortgage (80% LVR)
$1124/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
Offering a strong $995,000 price point against Parramatta's $620,000 unit median, this 30th-floor apartment provides significant value upside in a market with 7.8% annual growth. The 2-bedroom, 2-bathroom layout with doorstep light rail access delivers a high-amenity lifestyle, targeting the suburb's $572 weekly median rent. With an ASPIRE Score of 61/100, this investment carries a $7,207 forecast first-year cash shortfall, balanced by its strategic position in a high-demand transport corridor.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level30
AspectBuilding L22 - L40
Deposit (20%)$199,000
Loan Amount$796,000
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