What is the price of Unit A1902 at Terra Residences?

Unit A1902 is priced at $1,040,000.

What is the rental yield for this apartment?

The estimated gross rental yield is 3.3% based on $650 per week rent.

What amenities and lifestyle does Melrose Park offer?

Melrose Park offers strong transport links, quality schools, local parks, and a family-friendly community atmosphere.

What is the ASPIRE Intelligence Score for this unit?

Unit A1902 at Terra Residences has an ASPIRE Intelligence Score of 60 out of 100.

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Residence

Unit A1902

Level 19

Prime 2 Bed Residences

Name: Unit A1902 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1040000 AUD
Availability: InStock

Terra Residences — Unit A1902 | 2B/2B/1C

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

60ASPIRE

$1,040,000

3.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

87m²

Total Area

Aspect: Building A

Financial Analysis

Purchase Price

$1,040,000

NSW Stamp Duty

$41,330

Est. Weekly Rent

$650/wk

Gross Yield

3.25%

Year 1 After-Tax Cashflow

$-5,818

Est. Mortgage (80% LVR)

$1175/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

Positioned in the sought-after Melrose Park, this 2-bedroom, 2-bathroom apartment presents a strategic entry point at $1,040,000, which is notably above the suburb's $750,000 median, reflecting its premium project appeal. This 19th-floor residence in Building A offers a spacious 87m² layout designed for modern living, capitalising on the suburb's strong family orientation and excellent transport connectivity. With an ASPIRE Score™ of 60/100, investors can leverage the suburb's robust 28.5% five-year unit growth, while the estimated $650 weekly rent taps directly into the area's tight 1.8% vacancy rate for reliable demand.