Ding Real EstateIntegrated Property Financial Advisory
Residence
Unit 3107
Level 31

2-Bedroom with City Views Residences

Harris Tower — Unit 3107 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

61ASPIRE
$1,000,000
3.0% gross yield

Residence Configuration

2
Bedrooms
2
Bathrooms
1
Car Space
99m²
Total Area
Aspect: Building L22 - L40

Financial Analysis

Purchase Price
$1,000,000
NSW Stamp Duty
$39,530
Est. Weekly Rent
$572/wk
Gross Yield
2.97%
Year 1 After-Tax Cashflow
$-7,317
Est. Mortgage (80% LVR)
$1130/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

Positioned on a premium 31st floor with city views and immediate light rail access, this 2 bedroom apartment in Parramatta offers a high-amenity lifestyle in a suburb with proven 28.2% growth over five years. While the $1,000,000 unit commands a premium over the $620,000 median, its strategic location anticipates strong future demand, as reflected by the suburb's 90/100 Growth Potential. The current -$7,317 first-year cashflow is offset by significant depreciation benefits, aligning with an ASPIRE Score™ of 61/100 for this 2 bedroom apartment Parramatta investment.

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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
Level31
AspectBuilding L22 - L40
Deposit (20%)$200,000
Loan Amount$800,000

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