Local Knowledge PropertyIntegrated Property Financial Advisory
Residence
Unit 506
Level 5

2-Bedroom with City Views Residences

Harris Tower — Unit 506 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

60ASPIRE
$1,055,000
2.8% gross yield

Residence Configuration

2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L02 - L21

Financial Analysis

Purchase Price
$1,055,000
NSW Stamp Duty
$42,005
Est. Weekly Rent
$572/wk
Gross Yield
2.82%
Year 1 After-Tax Cashflow
$-8,524
Est. Mortgage (80% LVR)
$1192/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

While priced above the $620,000 median, this 2 bedroom apartment in Parramatta presents a compelling rental opportunity on the doorstep of the light rail. Its $572 per week estimated rent aligns with suburb demand, supported by strong underlying fundamentals including a 7.8% annual growth rate. The property's 60/100 ASPIRE Score™ indicates a strategic purchase for investors focused on Parramatta's long-term infrastructure and capital growth trajectory over immediate cashflow.

Explore Other Residences

Unit 205
2 bed · Level 2
$1.02M
Unit 212
2 bed · Level 2
$1.04M
Unit 208
2 bed · Level 2
$1.10M
Unit 303
2 bed · Level 3
$1.13M
Unit 304
2 bed · Level 3
$1.16M
Unit 305
3 bed · Level 3
$1.32M

Related Insights

Parramatta Suburb Profile
2150 · Median $620K
Property Insights
Zetland 123-Residence: A Smart Investment Guide
Zetland 123-Residence: A Smart Investment Guide
Explore the investment potential of Zetland's 123-Residence Executive Sanctuary, featuring a 5.1% rental yield in Sydney
Negative Gearing in Zetland: What to Expect Post-2027
Negative Gearing in Zetland: What to Expect Post-2027
Explore the impact of 2027’s negative gearing reforms on Zetland's off-the-plan apartments. Understand grandfathered rig
Explore Parramatta's $620k Light Rail Apartments
Explore Parramatta's $620k Light Rail Apartments
Explore Parramatta's thriving real estate scene with our comprehensive guide on the $620,000 two-bedroom apartments offe
All 2-Bedroom with City Views Residences

Interested in this residence?

Get a personalised financial analysis including tax benefits, depreciation schedule, and cashflow projection.

Pre-Approval

Get pre-approved for this residence with competitive rates.

Your Agent

Graham Chee
Ding Real Estate
0283388900 [email protected]

Quick Summary

Property Typecommercial
Level5
AspectBuilding L02 - L21
Deposit (20%)$211,000
Loan Amount$844,000

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