What is the price of Unit A2106 at Terra Residences, Melrose Park?

Unit A2106 is priced at $1,120,000.

What is the estimated rental yield for this apartment?

The estimated gross rental yield is 3.0%, with a weekly rent of $650.

How has the Melrose Park unit market performed over the past five years?

Unit values in Melrose Park have grown 28.5% over five years.

What amenities and transport options does Melrose Park offer?

Melrose Park features quality schools, local parks, shopping, and strong transport links, including proximity to West Ryde Station.

What is the ASPIRE Intelligence Score for Unit A2106?

Unit A2106 has an ASPIRE Intelligence Score of 60 out of 100.

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Residence

Unit A2106

Level 21

Prime 2 Bed Residences

Name: Unit A2106 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1120000 AUD
Availability: InStock

Terra Residences — Unit A2106 | 2B/2B/1C

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

60ASPIRE

$1,120,000

3.0% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

90m²

Total Area

Aspect: Building A

Financial Analysis

Purchase Price

$1,120,000

NSW Stamp Duty

$44,930

Est. Weekly Rent

$650/wk

Gross Yield

3.02%

Year 1 After-Tax Cashflow

$-7,574

Est. Mortgage (80% LVR)

$1265/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

Priced at $1,120,000, this 2 bedroom apartment offers a strategic entry point into Melrose Park, where unit values have climbed 28.5% over five years. This spacious 90sqm floorplan on the 21st level delivers a premium lifestyle in a suburb renowned for its family appeal and 4.5% rental yield. With a weekly rent estimated at $650, the strong local demand captured in the suburb's 1.8% vacancy rate supports this investment's solid fundamentals, reflected in its ASPIRE Score™ of 60/100.