What is the price of Unit 2808 at Harris Tower, Parramatta?

Unit 2808 is priced at $990,000.

What is the rental yield for this Parramatta apartment?

The estimated gross yield is 3.0% based on a weekly rent of $572.

How does the price of this apartment compare to Parramatta's median?

This apartment is priced at $990,000, notably above the suburb's median unit price of $620,000.

What transport options are available near Harris Tower?

The apartment offers direct access to the Parramatta light rail and is close to other major transport links.

Is Parramatta a good suburb for apartment buyers in 2024?

With 7.8% annual unit price growth, strong public transport, and ongoing development, Parramatta is popular with both home buyers and investors.

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Residence

Unit 2808

Level 28

2-Bedroom with City Views Residences

Name: Unit 2808 — 2-Bedroom with City Views Residences
Brand: Ding Real Estate
Price: 990000 AUD
Availability: InStock

Harris Tower — Unit 2808 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

61ASPIRE

$990,000

3.0% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

106m²

Total Area

Aspect: Building L22 - L40

Financial Analysis

Purchase Price

$990,000

NSW Stamp Duty

$39,080

Est. Weekly Rent

$572/wk

Gross Yield

3.00%

Year 1 After-Tax Cashflow

$-7,097

Est. Mortgage (80% LVR)

$1118/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

Commanding a premium $990,000 price point against the suburb's $620,000 median, this 28th-floor, 2-bedroom apartment offers an elevated Parramatta lifestyle with direct light rail access. Despite a current 3% yield and a $39,080 stamp duty cost, its prime position in a high-growth precinct (7.8% annual unit growth) targets long-term capital appreciation, reflected in its 61/100 ASPIRE Score™ for investors seeking a strategic 2 bedroom apartment Parramatta investment.