Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit A303
Level 3
Prime 2 Bed Residences
Terra Residences — Unit A303 | 3B/2B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
55ASPIRE
$1,430,000
2.4% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
126m²
Total Area
Aspect: Building A
Financial Analysis
Purchase Price
$1,430,000
NSW Stamp Duty
$61,060
Est. Weekly Rent
$650/wk
Gross Yield
2.36%
Year 1 After-Tax Cashflow
$-14,378
Est. Mortgage (80% LVR)
$1615/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 substantial 126m² floorplan, this 3-bedroom apartment represents a significant 90.7% premium to the suburb's median unit price, targeting a unique family or professional demographic. Configured with two bathrooms and secure parking, it delivers a low-maintenance lifestyle in a community with strong 28.5% five-year growth. The current estimated rent of $650 per week generates a 2.36% yield, presenting a strategic, long-term capital growth play underscored by its ASPIRE Score of 55/100 and the suburb's tight 1.8% vacancy rate.
Explore Other Residences
Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
Property Insights
Kensington Investment Blueprint: Grow with $1.15M Apartments
Unlock financial growth with the Kensington Investment Blueprint, your guide to maximizing yields and engineering succes
Kensington Property Buying Blueprint for Smart Investors
Unlock the secrets to smarter property investment in Kensington, NSW. Learn how to minimize stamp duty and optimize lend
Luxury Awaits: Kensington NSW 2033 Apartments
Discover why The Kensington, just 6km from Sydney CBD, offers unparalleled luxury and high rental yields, making it a pr