903/11 Hassall Street, Parramatta NSW 2150

2-bed apartment in Parramatta | high rental yield building | flood overlay present | modest capital growth history This unit offers a strong rental yield advantage in a building where comparable units achieve 5.6 to 6 percent returns, well above the Parramatta median. The location near two public schools and FTTP internet supports tenant demand from families and professionals. A buyer seeking immediate rental income rather than capital appreciation will find the configuration and building demographics favorable, with 60 percent renters indicating established rental culture. The flood overlay is a material risk that may affect insurance costs and future resale appeal, particularly given the building’s modest growth history where several units saw negative or low annual appreciation. The high proportion of recent movers in the area suggests less community stability. This property suits an investor focused on yield over long-term gain; hold for cash flow and monitor strata reports for any flood-related maintenance issues.