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Residence
Unit 1308
Level 13
2-Bedroom with City Views Residences
Harris Tower — Unit 1308 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
61ASPIRE
$964,000
3.1% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$964,000
NSW Stamp Duty
$37,910
Est. Weekly Rent
$572/wk
Gross Yield
3.09%
Year 1 After-Tax Cashflow
$-6,526
Est. Mortgage (80% LVR)
$1089/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 priced at $964,000, which exceeds the Parramatta median, this 2-bedroom apartment offers a strategic footprint of 106m² and direct light rail access, positioning it for strong tenant demand. With an ASPIRE Score of 61/100, the first-year after-tax cashflow is estimated at -$6,526, a scenario investors can mitigate by capitalising on the suburb's robust 5-year unit growth of 28.2%. This highlights the trade-off between immediate yield and long-term capital growth for a 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%)$192,800
Loan Amount$771,200
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