Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1305
Level 13
2-Bedroom with City Views Residences
Harris Tower — Unit 1305 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,183,000
2.5% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,183,000
NSW Stamp Duty
$47,765
Est. Weekly Rent
$572/wk
Gross Yield
2.51%
Year 1 After-Tax Cashflow
$-11,333
Est. Mortgage (80% LVR)
$1336/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
While the $1,183,000 price point sits above Parramatta's $620,000 unit median, this light rail-adjacent, 13th-floor 2 bedder offers a prime lifestyle with its north-facing aspect across building levels L02 to L21, maximising natural light. The resulting $572/week rent generates a 2.51% yield, with an ASPIRE Score™ of 60/100 indicating a Year 1 after-tax cashflow position of -$11,333, underscoring a strategy focused on long-term capital growth over immediate income for this 2 bedroom apartment Parramatta investment.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level13
AspectBuilding L02 - L21
Deposit (20%)$236,600
Loan Amount$946,400
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