Ding Real EstateIntegrated Property Financial Advisory
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Residence
Unit 904
Level 9
2-Bedroom with City Views Residences
Harris Tower — Unit 904 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,060,000
2.8% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,060,000
NSW Stamp Duty
$42,230
Est. Weekly Rent
$572/wk
Gross Yield
2.81%
Year 1 After-Tax Cashflow
$-8,633
Est. Mortgage (80% LVR)
$1197/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 $1,060,000 unit presents a capital growth opportunity in Parramatta, with its price commanding a premium 71% above the suburb's $620,000 median, reflecting its prime offering. The 9th-floor, two-bedroom layout with direct light rail access caters to the high-demand $572/week rental market, where a tight 2.8% vacancy rate signals strong tenant competition. This is a strategic, low-yield asset for portfolio builders, as its $42,230 stamp duty and negative $8,633 first-year cashflow are offset by Parramatta's 90/100 growth potential and the unit's own 60/100 ASPIRE Score.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level9
AspectBuilding L02 - L21
Deposit (20%)$212,000
Loan Amount$848,000
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