Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 507
Level 5
2-Bedroom with City Views Residences
Harris Tower — Unit 507 | 3B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,245,000
2.4% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
124m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,245,000
NSW Stamp Duty
$50,885
Est. Weekly Rent
$572/wk
Gross Yield
2.39%
Year 1 After-Tax Cashflow
$-12,694
Est. Mortgage (80% LVR)
$1406/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 3 bedroom apartment Parramatta investment presents a prime entry into the suburb's high-growth unit market, where median values have risen 7.8% in the past year. The spacious 124m² floorplan offers a significant lifestyle advantage, positioned on level 5 with direct light rail access for seamless city connectivity. With a weekly rent estimated at $572 against Parramatta's tight 2.8% vacancy rate, the property is positioned for strong tenant demand, a key consideration reflected in its ASPIRE Score™ of 59/100.
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2150 · Median $620K
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Quick Summary
Property Typecommercial
Level5
AspectBuilding L02 - L21
Deposit (20%)$249,000
Loan Amount$996,000
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