What is the price of Unit A1101 at Terra Residences, Melrose Park?

Unit A1101 is priced at $1,090,000.

What is the rental yield for this apartment?

The estimated gross yield is 3.1%, with an expected rent of $650 per week.

How does this apartment compare to the Melrose Park median unit price?

This apartment is priced above the suburb’s median unit price of $750,000, reflecting its size and elevated position.

What is the ASPIRE Intelligence Score for this unit?

The ASPIRE Intelligence Score for Unit A1101 is 60 out of 100.

What lifestyle benefits does Melrose Park offer?

Melrose Park offers a relaxed suburban lifestyle, strong sense of community, excellent transport, and access to parks and schools.

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Residence

Unit A1101

Level 11

Prime 2 Bed Residences

Name: Unit A1101 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1090000 AUD
Availability: InStock

Terra Residences — Unit A1101 | 2B/2B/1C

33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114

60ASPIRE

$1,090,000

3.1% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

111m²

Total Area

Aspect: Building A

Financial Analysis

Purchase Price

$1,090,000

NSW Stamp Duty

$43,580

Est. Weekly Rent

$650/wk

Gross Yield

3.10%

Year 1 After-Tax Cashflow

$-6,915

Est. Mortgage (80% LVR)

$1231/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

Offering a strategic entry point priced at $1,090,000, this 2-bedroom apartment sits below the suburb's $750,000 unit median, presenting a tangible value proposition for the discerning investor. The north-facing floorplan on the 11th level provides a peaceful, light-filled sanctuary in a tightly held complex, positioned to capitalise on Melrose Park's steady 28.5% five-year growth. While the ASPIRE Score™ of 60/100 indicates a measured approach, the estimated $650/week rent leverages strong local demand, translating to a 3.1% yield in a market with a critically low 1.8% vacancy rate.