What is the price of Unit 2303 at Harris Tower, Parramatta?

Unit 2303 is priced at $1,497,000.

What is the estimated rental yield for Unit 2303?

The gross yield for Unit 2303 is 2.0%.

How does the price of Unit 2303 compare to the Parramatta median?

Unit 2303 is priced above the Parramatta unit median of $620,000 due to its premium configuration and level.

What are the key features of this Parramatta apartment?

Unit 2303 offers 3 bedrooms, 2 bathrooms, 1 car space, 122m² of living, high floor city views, and direct light rail access.

How is the Parramatta property market performing?

Parramatta units have grown 7.8% over one year and 28.2% over five years, with strong rental demand.

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Residence

Unit 2303

Level 23

2-Bedroom with City Views Residences

Name: Unit 2303 — 2-Bedroom with City Views Residences
Brand: Ding Real Estate
Price: 1497000 AUD
Availability: InStock

Harris Tower — Unit 2303 | 3B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

58ASPIRE

$1,497,000

2.0% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

122m²

Total Area

Aspect: Building L22 - L40

Financial Analysis

Purchase Price

$1,497,000

NSW Stamp Duty

$64,745

Est. Weekly Rent

$572/wk

Gross Yield

1.99%

Year 1 After-Tax Cashflow

$-18,225

Est. Mortgage (80% LVR)

$1691/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 offers a Parramatta investment with a premium configuration, though its $1.497m price point is a significant premium over the suburb's $620,000 unit median, resulting in a current ASPIRE Score™ of 58. The high-level aspect and light rail access at its doorstep provide a compelling lifestyle for tenants, supported by Parramatta's strong 90/100 growth potential. Investors should note the estimated first-year cashflow of -$18,225, requiring a strategy focused on long-term capital growth over immediate yield.