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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2103
Level 21
2-Bedroom with City Views Residences
Harris Tower — Unit 2103 | 3B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,476,000
2.0% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
122m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,476,000
NSW Stamp Duty
$63,590
Est. Weekly Rent
$572/wk
Gross Yield
2.02%
Year 1 After-Tax Cashflow
$-17,764
Est. Mortgage (80% LVR)
$1667/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 3 bedroom apartment Parramatta investment carries an ASPIRE Score™ of 58/100 and requires financial scrutiny, with its $1,476,000 price point generating a modest 2.02% yield against a $572 weekly rent. Residence 2103 on the 21st floor offers expansive 122m² family living, positioned directly on the light rail corridor for unmatched western Sydney connectivity. With first-year after-tax cashflow projected at -$17,764, this purchase suits investors prioritising long-term capital growth over immediate rental income, leveraging Parramatta's strong 7.8% annual unit growth.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level21
AspectBuilding L02 - L21
Deposit (20%)$295,200
Loan Amount$1,180,800
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