Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1304
Level 13
2-Bedroom with City Views Residences
Harris Tower — Unit 1304 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,089,000
2.7% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,089,000
NSW Stamp Duty
$43,535
Est. Weekly Rent
$572/wk
Gross Yield
2.73%
Year 1 After-Tax Cashflow
$-9,270
Est. Mortgage (80% LVR)
$1230/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 $1,089,000, this 2-bedroom apartment in Parramatta presents a distinct entry point for investors prioritising capital growth, supported by the suburb’s strong 7.8% annual unit growth and robust 4.8% market yield. Unit 1304 offers a 106m² layout with direct light rail access, positioning you in a high-amenity, high-growth corridor where strong tenant demand is proven by the tight 2.8% vacancy rate. While its 2.73% yield indicates a focus on long-term appreciation over immediate cashflow, its ASPIRE Score of 60/100 highlights a solid foundation for strategic portfolio expansion.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level13
AspectBuilding L02 - L21
Deposit (20%)$217,800
Loan Amount$871,200
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