Ding Real EstateIntegrated Property Financial Advisory
Residence
Unit 3804
Level 38

2-Bedroom with City Views Residences

Harris Tower — Unit 3804 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

59ASPIRE
$1,350,000
2.2% gross yield

Residence Configuration

2
Bedrooms
2
Bathrooms
1
Car Space
117m²
Total Area
Aspect: Building L22 - L40

Financial Analysis

Purchase Price
$1,350,000
NSW Stamp Duty
$56,660
Est. Weekly Rent
$572/wk
Gross Yield
2.20%
Year 1 After-Tax Cashflow
$-14,998
Est. Mortgage (80% LVR)
$1525/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

Priced at $1,350,000, this premium 2 bedroom apartment Parramatta investment commands a significant premium over the suburb’s $620,000 unit median, reflecting its exclusive level 38 position and direct doorstep access to the Parramatta Light Rail network. While the 2.2% yield indicates a growth-focused strategy, its $572/week estimated rent aligns perfectly with strong local demand in a market with a tight 2.8% vacancy rate. The property’s ASPIRE Score™ of 59/100 suggests it’s suited for investors prioritising long-term capital growth over immediate cashflow, with a forecast Year 1 after-tax position of -$14,998.

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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
Level38
AspectBuilding L22 - L40
Deposit (20%)$270,000
Loan Amount$1,080,000

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