What is the price of Unit 501 at Harris Tower, Parramatta?

Unit 501 is priced at $670,000, which is below Parramatta’s current median unit price.

What is the estimated rental yield for this apartment?

The estimated gross rental yield for Unit 501 is 4.4% based on a weekly rent of $572.

Does Unit 501 come with a car space?

No, Unit 501 does not include a car space, but it is located directly on the Parramatta light rail for easy commuting.

How does Parramatta perform as a suburb for property growth?

Parramatta units grew by 7.8% over the past year and 28.2% over five years, reflecting strong demand.

What is the ASPIRE Intelligence Score for this apartment?

Unit 501 holds an ASPIRE Intelligence Score of 70 out of 100, indicating balanced liveability and growth potential.

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Residence

Unit 501

Level 5

2-Bedroom with City Views Residences

Name: Unit 501 — 2-Bedroom with City Views Residences
Brand: Ding Real Estate
Price: 670000 AUD
Availability: InStock

Harris Tower — Unit 501 | 1B/1B/0C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

70ASPIRE

$670,000

4.4% gross yield

Residence Configuration

Bedroom

Bathroom

Car Spaces

76m²

Total Area

Aspect: Building L02 - L21

Financial Analysis

Purchase Price

$670,000

NSW Stamp Duty

$24,680

Est. Weekly Rent

$572/wk

Gross Yield

4.44%

Year 1 After-Tax Cashflow

$-74

Est. Mortgage (80% LVR)

$757/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 below the Parramatta unit median at $670,000, this north-east facing 1-bedroom apartment is engineered for the commuter, positioned on the doorstep of the light rail for a 90/100 transport score. With Parramatta's unit market delivering 7.8% growth last year and a tight 2.8% vacancy rate, its $572 weekly rent projects strong tenant demand, translating to a 4.44% yield for a strategically located entry point.