What is the price of Unit 505 at Harris Tower, Parramatta?

Unit 505 is priced at $750,000.

What is the rental yield for this apartment in Parramatta?

The estimated gross yield is 4.0% based on a weekly rent of $572.

How does Unit 505 compare to the Parramatta median unit price?

The Parramatta median unit price is $620,000, making Unit 505 above the average but offering city views and premium access.

What are the public transport options near 34 Hassall St, Parramatta?

Immediate access to the light rail, with high public transport connectivity scores (90/100).

Is Parramatta a good suburb for investment?

With 7.8% annual unit price growth and a median yield of 4.8%, Parramatta is considered a strong growth area.

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Residence

Unit 505

Level 5

2-Bedroom with City Views Residences

Name: Unit 505 — 2-Bedroom with City Views Residences
Brand: Ding Real Estate
Price: 750000 AUD
Availability: InStock

Harris Tower — Unit 505 | 1B/1B/0C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

66ASPIRE

$750,000

4.0% gross yield

Residence Configuration

Bedroom

Bathroom

Car Spaces

76m²

Total Area

Aspect: Building L02 - L21

Financial Analysis

Purchase Price

$750,000

NSW Stamp Duty

$28,280

Est. Weekly Rent

$572/wk

Gross Yield

3.97%

Year 1 After-Tax Cashflow

$-1,830

Est. Mortgage (80% LVR)

$847/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 median unit price of $620,000, this $750,000 1 bedroom apartment presents a prime position in Parramatta’s high-growth market, having delivered 7.8% growth in the past year. The 5th-floor residence offers immediate light rail access for a tenant lifestyle scoring 90/100 for transport, aligning with strong rental demand in a suburb with a tight 2.8% vacancy rate. While the 3.97% yield requires strategic planning, its ASPIRE Score of 66/100 highlights a core Parramatta investment with a $28,280 stamp duty outlay and significant long-term growth potential.