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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1802
Level 18
2-Bedroom with City Views Residences
Harris Tower — Unit 1802 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
61ASPIRE
$1,042,000
2.9% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,042,000
NSW Stamp Duty
$41,420
Est. Weekly Rent
$572/wk
Gross Yield
2.85%
Year 1 After-Tax Cashflow
$-8,238
Est. Mortgage (80% LVR)
$1177/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
Positioned above the $620,000 suburb median, this 2 bedroom apartment Parramatta investment offers a distinct opportunity in a high-growth corridor with 28.2% unit growth over five years. This 18th-floor residence capitalises on its prime position with seamless light rail access, catering to professionals who value premium transport. While the $1,042,000 price point results in an estimated Year 1 cashflow of -$8,238, its ASPIRE Score of 61/100 is balanced by Parramatta's robust 4.8% rental yield and strong tenant demand driven by a 2.8% vacancy rate.
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2150 · Median $620K
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Quick Summary
Property Typecommercial
Level18
AspectBuilding L02 - L21
Deposit (20%)$208,400
Loan Amount$833,600
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