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Residence
Unit A2008
Level 20
Prime 2 Bed Residences
Terra Residences — Unit A2008 | 3B/2B/2C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
54ASPIRE
$1,630,000
2.1% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
114m²
Total Area
Aspect: Building A
Financial Analysis
Purchase Price
$1,630,000
NSW Stamp Duty
$72,060
Est. Weekly Rent
$650/wk
Gross Yield
2.07%
Year 1 After-Tax Cashflow
$-18,767
Est. Mortgage (80% LVR)
$1841/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 premium 3-bedroom layout, Unit A2008 presents a substantial 114m² footprint for $1,630,000, a premium that secures a family-scale residence in this tightly held suburb where median unit prices are growing at 4.8% annually. This high-level apartment in Building A provides a spacious sanctuary, catering directly to the suburb's family-oriented demographic seeking more room than typical units offer. With an ASPIRE Score™ of 54/100, investors should note this is a strategic capital growth play, as the estimated $650/week rent yields 2.07%, focusing on long-term value appreciation in a market with a low 1.8% vacancy rate.
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Melrose Park Suburb Profile
2114 · Median $750K
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