Local Knowledge PropertyIntegrated Property Financial Advisory
Residence
Unit 1907
Level 19

2-Bedroom with City Views Residences

Harris Tower — Unit 1907 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

61ASPIRE
$995,000
3.0% gross yield

Residence Configuration

2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L02 - L21

Financial Analysis

Purchase Price
$995,000
NSW Stamp Duty
$39,305
Est. Weekly Rent
$572/wk
Gross Yield
2.99%
Year 1 After-Tax Cashflow
$-7,207
Est. Mortgage (80% LVR)
$1124/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

This 2 bedroom apartment Parramatta investment commands a premium at $995,000, but sits well above the $620,000 suburb median, reflecting its high-growth, 19th-floor position near the light rail. The 106m² layout with 2 baths offers rare space and direct city access, aligning with Parramatta's 90/100 growth potential. While the $7,207 first-year cashflow gap requires a strategy, the 84/100 suburb investment score and 2.8% vacancy rate signal robust rental demand for this quality configuration.

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Related Insights

Parramatta Suburb Profile
2150 · Median $620K
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Your Agent

Graham Chee
Ding Real Estate
0283388900 [email protected]

Quick Summary

Property Typecommercial
Level19
AspectBuilding L02 - L21
Deposit (20%)$199,000
Loan Amount$796,000

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