Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3205
Level 32
2-Bedroom with City Views Residences
Harris Tower — Unit 3205 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,330,000
2.2% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,330,000
NSW Stamp Duty
$55,560
Est. Weekly Rent
$572/wk
Gross Yield
2.24%
Year 1 After-Tax Cashflow
$-14,559
Est. Mortgage (80% LVR)
$1502/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 at $1,330,000, this high-level 2 bedroom apartment Parramatta investment commands a premium above the suburb's $620,000 median, reflecting its exceptional 32nd-floor aspect and direct light rail access. While the $572 weekly rent generates a 2.24% yield, the powerful 7.8% annual unit growth in Parramatta strategically offsets the initial cashflow, with the ASPIRE Score™ of 59 indicating a focus on long-term capital appreciation over immediate income.
Explore Other Residences
Related Insights
Parramatta Suburb Profile
2150 · Median $620K
Property Insights
Macquarie Park vs The Neighbourhood: 2113's Value Insights
Discover the key differences between Macquarie Park and The Neighbourhood in 2113, as we analyze property values, invest
Rhodes Living Profile: Walkability & Community Insights
Discover why Rhodes is a top-rated suburb for walkability and community vibes, blending easy transport access with a vib
Mastering Rhodes Unit Acquisition: A Financial Guide
Unlock the secrets of successful property investment in Sydney with our comprehensive guide on navigating stamp duty, op
Quick Summary
Property Typecommercial
Level32
AspectBuilding L22 - L40
Deposit (20%)$266,000
Loan Amount$1,064,000
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