Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3106
Level 31
2-Bedroom with City Views Residences
Harris Tower — Unit 3106 | 3B/2B/2C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,701,000
1.8% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
124m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,701,000
NSW Stamp Duty
$75,965
Est. Weekly Rent
$572/wk
Gross Yield
1.75%
Year 1 After-Tax Cashflow
$-22,702
Est. Mortgage (80% LVR)
$1921/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 58/100, this 3 bedroom apartment Parramatta investment presents an opportunity for significant capital growth, trading below the $620,000 suburb median for units. This 31st-floor residence offers a spacious 124m² layout with two car spaces, positioned directly on the light rail corridor for ultimate city connectivity. While the $1,701,000 price point yields an estimated $572/week rent, the resulting 1.75% yield requires a strategy focused on Parramatta's strong 28.2% five-year unit growth to offset the initial $-22,702 annual cashflow position.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level31
AspectBuilding L22 - L40
Deposit (20%)$340,200
Loan Amount$1,360,800
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