Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 702
Level 7
2-Bedroom with City Views Residences
Harris Tower — Unit 702 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
61ASPIRE
$945,000
3.1% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$945,000
NSW Stamp Duty
$37,055
Est. Weekly Rent
$572/wk
Gross Yield
3.15%
Year 1 After-Tax Cashflow
$-6,109
Est. Mortgage (80% LVR)
$1067/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
With an ASPIRE Score™ of 61/100, this $945,000 investment offers strategic entry into Parramatta's high-growth unit market, which has delivered 7.8% annual growth. The 2-bedroom, 2-bathroom apartment on level 7 provides direct light rail access, aligning with a tenant demographic seeking premium convenience. While the initial yield is 3.15%, the estimated first-year cashflow position of $-6,109 is offset by the suburb's strong 4.8% median rental yield and high growth potential, signalling long-term capital appreciation in a supply-constrained market.
Explore Other Residences
Related Insights
Parramatta Suburb Profile
2150 · Median $620K
Property Insights

Unlocking Cash Flow & Capital Growth in Parramatta
Discover the hidden potential of Parramatta apartments with our data-driven guide, revealing insights on rental yields,

Maximize Your Parramatta Property Investment Savings
Unlock the secrets to maximizing your investment in Parramatta with strategic stamp duty savings, savvy entity structuri

Living in Kensington: Your Guide to Melbourne's Village Lifestyle
Discover Kensington, Melbourne's hidden gem, where vibrant cafes, a close-knit community, and a charming village atmosph
Quick Summary
Property Typecommercial
Level7
AspectBuilding L02 - L21
Deposit (20%)$189,000
Loan Amount$756,000
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