What is the price of Unit 2905 at Harris Tower, Parramatta?

Unit 2905 is priced at $1,300,000.

What is the estimated rental yield for this apartment?

The estimated gross yield for Unit 2905 is 2.3%.

How does this unit compare to Parramatta’s median apartment price?

This unit is priced significantly above the suburb median of $620,000, reflecting its premium features and elevated position.

What transport options are available at 34 Hassall St Parramatta?

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

Is Parramatta a good suburb for owner-occupiers?

Parramatta offers excellent walkability, strong transport links, and a vibrant urban lifestyle, making it attractive for owner-occupiers.

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Residence

Unit 2905

Level 29

2-Bedroom with City Views Residences

Name: Unit 2905 — 2-Bedroom with City Views Residences
Brand: Ding Real Estate
Price: 1300000 AUD
Availability: InStock

Harris Tower — Unit 2905 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

59ASPIRE

$1,300,000

2.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

101m²

Total Area

Aspect: Building L22 - L40

Financial Analysis

Purchase Price

$1,300,000

NSW Stamp Duty

$53,910

Est. Weekly Rent

$572/wk

Gross Yield

2.29%

Year 1 After-Tax Cashflow

$-13,901

Est. Mortgage (80% LVR)

$1468/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

With an ASPIRE Score™ of 59/100, this $1,300,000 investment presents a significant premium to the suburb’s $620,000 unit median. Its prime 29th-floor position delivers a 2-bedroom, 2-bathroom layout with direct light rail access, engineered for a tenant seeking a high-amenity lifestyle. Investors should note the estimated $13,901 first-year cashflow shortfall against a strong Parramatta rental yield backdrop of 4.8%, positioning this 2 bedroom apartment Parramatta investment for long-term capital growth over immediate yield.