Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 508
Level 5
2-Bedroom with City Views Residences
Harris Tower — Unit 508 | 2B/2B/0C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
66ASPIRE
$790,000
3.8% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
0
Car Spaces
99m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$790,000
NSW Stamp Duty
$30,080
Est. Weekly Rent
$572/wk
Gross Yield
3.77%
Year 1 After-Tax Cashflow
$-2,708
Est. Mortgage (80% LVR)
$892/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 $790,000 for a premium 99sqm footprint, this 2-bedroom apartment presents a strategic entry into Parramatta's unit market, which has seen strong 7.8% annual growth. Located on the fifth floor with direct light rail access, it delivers a low-maintenance, transit-oriented lifestyle highly sought by tenants. While the estimated $572 weekly rent yields 3.77%, the property's high-growth location is reflected in its solid ASPIRE Score™ of 66, suggesting potential for capital appreciation in a suburb with a tight 2.8% vacancy rate.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level5
AspectBuilding L02 - L21
Deposit (20%)$158,000
Loan Amount$632,000
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