What is the price of Unit 3308 at Harris Tower, Parramatta?

Unit 3308 is priced at $1,015,000.

What is the estimated rental yield for this apartment?

The estimated gross rental yield is 2.9% based on an expected rent of $572 per week.

How does the price of this apartment compare to Parramatta's median unit price?

This apartment’s price is above Parramatta’s median unit price of $620,000, reflecting its premium features and level.

What amenities are close to Harris Tower, Parramatta?

Harris Tower offers doorstep access to the light rail, excellent walkability, and nearby shopping, dining, and schools.

Is Parramatta a good suburb for city commuters?

Yes, with a public transport rating of 90/100 and direct light rail links, Parramatta is highly suitable for city commuters.

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Residence

Unit 3308

Level 33

2-Bedroom with City Views Residences

Name: Unit 3308 — 2-Bedroom with City Views Residences
Brand: Ding Real Estate
Price: 1015000 AUD
Availability: InStock

Harris Tower — Unit 3308 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

61ASPIRE

$1,015,000

2.9% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

106m²

Total Area

Aspect: Building L22 - L40

Financial Analysis

Purchase Price

$1,015,000

NSW Stamp Duty

$40,205

Est. Weekly Rent

$572/wk

Gross Yield

2.93%

Year 1 After-Tax Cashflow

$-7,646

Est. Mortgage (80% LVR)

$1146/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 at level 33 amidst Parramatta's high-growth unit market (5-year growth of 28.2%), this 2-bedroom apartment offers convenience with light rail doorstep access and a spacious 106m² floorplan. While the $1,015,000 price commands a premium for its city-fringe location, investors should note the estimated first-year after-tax cashflow of -$7,646, reflecting a current yield of 2.93% against the suburb's stronger 4.8% median. Its ASPIRE Score of 61/100 suggests focusing on long-term capital growth over immediate rental income.