Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2606
Level 26
2-Bedroom with City Views Residences
Harris Tower — Unit 2606 | 3B/2B/2C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,649,000
1.8% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
124m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,649,000
NSW Stamp Duty
$73,105
Est. Weekly Rent
$572/wk
Gross Yield
1.80%
Year 1 After-Tax Cashflow
$-21,561
Est. Mortgage (80% LVR)
$1863/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 directly on the Parramatta light rail route, this $1,649,000 3-bedroom apartment offers expansive city views from the 26th floor, capitalising on Parramatta's 7.8% annual unit growth. While presenting a high-spec lifestyle investment, its 1.8% yield results in an estimated first-year cashflow shortfall of $21,561, a trade-off for capital growth in a suburb with an 84/100 Investment Score. Savvy investors should weigh the $73,105 stamp duty outlay against Parramatta's exceptional 28.2% five-year growth trajectory for a balanced portfolio approach.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level26
AspectBuilding L22 - L40
Deposit (20%)$329,800
Loan Amount$1,319,200
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