Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3207
Level 32
2-Bedroom with City Views Residences
Harris Tower — Unit 3207 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
61ASPIRE
$1,005,000
3.0% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
99m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,005,000
NSW Stamp Duty
$39,755
Est. Weekly Rent
$572/wk
Gross Yield
2.96%
Year 1 After-Tax Cashflow
$-7,426
Est. Mortgage (80% LVR)
$1135/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
This $1,005,000 2-bedroom apartment Parramatta investment presents a prime, high-level lifestyle with direct light rail access, though its ASPIRE Score™ of 61/100 indicates a focus on long-term capital growth over immediate yield. Positioned on the 32nd floor, the spacious 99m² layout offers commanding city views, appealing to professionals seeking premium inner-west living. The estimated $572/week rent reflects strong tenant demand, strategically offsetting the first-year cashflow position of $-7,426 for an investor targeting Parramatta’s robust 7.8% annual unit growth.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level32
AspectBuilding L22 - L40
Deposit (20%)$201,000
Loan Amount$804,000
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