What is the price of Unit 1503 at Harris Tower, Parramatta?

Unit 1503 is priced at $1,413,000.

How many bedrooms and bathrooms does this apartment have?

This apartment offers 3 bedrooms and 2 bathrooms.

What is the estimated rental yield for Harris Tower 1503?

The estimated gross rental yield is 2.1% based on a weekly rent of $572.

What makes this unit in Parramatta special?

This 15th-floor apartment features city views, a spacious 122m² layout, and direct access to the light rail.

How does the price compare to the median unit price in Parramatta?

At $1,413,000, this unit is priced significantly above Parramatta's $620,000 median unit price, reflecting its premium features.

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Residence

Unit 1503

Level 15

2-Bedroom with City Views Residences

Name: Unit 1503 — 2-Bedroom with City Views Residences
Brand: Ding Real Estate
Price: 1413000 AUD
Availability: InStock

Harris Tower — Unit 1503 | 3B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

59ASPIRE

$1,413,000

2.1% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

122m²

Total Area

Aspect: Building L02 - L21

Financial Analysis

Purchase Price

$1,413,000

NSW Stamp Duty

$60,125

Est. Weekly Rent

$572/wk

Gross Yield

2.11%

Year 1 After-Tax Cashflow

$-16,381

Est. Mortgage (80% LVR)

$1596/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

With a $1,413,000 price point commanding a significant premium over Parramatta's $620,000 unit median, this 3 bedroom, 2 bathroom apartment offers a spacious 122m² floorplan on the 15th floor. The estimated rent of $572 per week generates a 2.11% yield, contributing to a first-year after-tax cashflow position of -$16,381, reflected in its ASPIRE Score of 59/100. This positions the asset for investors prioritising long-term capital growth over immediate income, leveraging Parramatta's strong 28.2% five-year unit growth trajectory within a high-demand rental market.