Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1101
Level 11
2-Bedroom with City Views Residences
Harris Tower — Unit 1101 | 1B/1B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
66ASPIRE
$775,000
3.8% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
1
Car Space
76m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$775,000
NSW Stamp Duty
$29,405
Est. Weekly Rent
$572/wk
Gross Yield
3.84%
Year 1 After-Tax Cashflow
$-2,378
Est. Mortgage (80% LVR)
$875/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 $775,000, this investment presents a value entry point $155,000 under Parramatta's unit median, underpinned by strong 7.8% annual growth. The 11th-floor, north-facing apartment offers a sophisticated 1-bedder directly adjacent to the light rail, maximising convenience for the target tenant. With an estimated rent of $572 per week against a tight 2.8% vacancy rate, it is engineered for robust rental demand, as reflected in its ASPIRE Score™ of 66/100 for this specific 1 bedroom apartment Parramatta investment.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level11
AspectBuilding L02 - L21
Deposit (20%)$155,000
Loan Amount$620,000
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