appears to be a purple loosestrife of some kind. I grow some in my yard and it is a little brighter color than this one in your photo. It is a small woody shrub type plant, it will almost always grow from the ground up for me ea spring, it doesn't re-leaf on last years wood. I cut mine off about 6 inches tall in early spring, like feb or march.
It doesn't need a lot of water but does better with some, it is a bumble bee magnet for me. I have not noticed a fragrance, don't think it is.