Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2008
Level 20
2-Bedroom with City Views Residences
Harris Tower — Unit 2008 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
61ASPIRE
$1,000,000
3.0% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,000,000
NSW Stamp Duty
$39,530
Est. Weekly Rent
$572/wk
Gross Yield
2.97%
Year 1 After-Tax Cashflow
$-7,317
Est. Mortgage (80% LVR)
$1130/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 offers a compelling $1,000,000 entry point into a unit market with a 7.8% annual growth trajectory, though its 2.97% yield reflects a premium for its 20th-floor aspect and doorstep light rail access to the CBD lifestyle. With an ASPIRE Score of 61/100, investors should note the first-year after-tax cashflow of -$7,317, positioning this for a strategy prioritising long-term capital growth over immediate rental income.
Explore Other Residences
Related Insights
Parramatta Suburb Profile
2150 · Median $620K
Property Insights

Kensington Investment Blueprint: Grow with $1.15M Apartments
Unlock financial growth with the Kensington Investment Blueprint, your guide to maximizing yields and engineering succes

Kensington Property Buying Blueprint for Smart Investors
Unlock the secrets to smarter property investment in Kensington, NSW. Learn how to minimize stamp duty and optimize lend

Luxury Awaits: Kensington NSW 2033 Apartments
Discover why The Kensington, just 6km from Sydney CBD, offers unparalleled luxury and high rental yields, making it a pr
Quick Summary
Property Typecommercial
Level20
AspectBuilding L02 - L21
Deposit (20%)$200,000
Loan Amount$800,000
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