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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3104
Level 31
2-Bedroom with City Views Residences
Harris Tower — Unit 3104 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,280,000
2.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,280,000
NSW Stamp Duty
$52,810
Est. Weekly Rent
$572/wk
Gross Yield
2.32%
Year 1 After-Tax Cashflow
$-13,462
Est. Mortgage (80% LVR)
$1446/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 a $1,28 million price point significantly above Parramatta's $620,000 unit median, this apartment's financial appeal is anchored in its aspirational lifestyle offering. Level 31 delivers two-bedroom convenience with direct light rail access, engineered for high-demand urban living. The resulting $13,462 first-year cashflow shortfall and ASPIRE Score of 59/100 highlight a strategy prioritising long-term capital growth over immediate yield, suited to investors banking on Parramatta's 28.2% five-year growth trajectory.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level31
AspectBuilding L22 - L40
Deposit (20%)$256,000
Loan Amount$1,024,000
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