Ding Real EstateIntegrated Property Financial Advisory
Residence
Unit 3008
Level 30

2-Bedroom with City Views Residences

Harris Tower — Unit 3008 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

60ASPIRE
$1,053,000
2.8% gross yield

Residence Configuration

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

Financial Analysis

Purchase Price
$1,053,000
NSW Stamp Duty
$41,915
Est. Weekly Rent
$572/wk
Gross Yield
2.82%
Year 1 After-Tax Cashflow
$-8,480
Est. Mortgage (80% LVR)
$1189/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 $1,053,000 2 bedroom apartment Parramatta investment presents a high-growth entry point in a market with 28.2% 5-year unit growth, offering a significant premium over the $620,000 suburb median. Positioned on the 30th floor with direct light rail access, it delivers a lock-and-leave city lifestyle for executive tenants. Despite its ASPIRE Score™ of 60/100 indicating an annual cashflow position of -$8,480, this strategic purchase is geared towards capitalising on Parramatta's strong rental demand underscored by its 2.8% vacancy rate.

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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
Level30
AspectBuilding L22 - L40
Deposit (20%)$210,600
Loan Amount$842,400

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