What is the price of Unit A904 at Terra Residences, Melrose Park?

Unit A904 is priced at $1,010,000.

What is the rental yield for this 2 bedroom apartment in Melrose Park?

The estimated gross rental yield is 3.4% for Unit A904.

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

Unit A904 is listed above the suburb's median unit price of $750,000, reflecting its size, level, and finishes.

What amenities and lifestyle does Melrose Park offer?

Melrose Park features parks, schools, local shopping, community clubs, and strong transport links, with a relaxed and vibrant community feel.

Is Melrose Park a good suburb for property growth?

Melrose Park has achieved 28.5% unit price growth over five years, with steady demand and low vacancy rates.

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Residence

Unit A904

Level 9

Prime 2 Bed Residences

Name: Unit A904 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1010000 AUD
Availability: InStock

Terra Residences — Unit A904 | 2B/2B/1C

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

61ASPIRE

$1,010,000

3.4% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

101m²

Total Area

Aspect: Building A

Financial Analysis

Purchase Price

$1,010,000

NSW Stamp Duty

$39,980

Est. Weekly Rent

$650/wk

Gross Yield

3.35%

Year 1 After-Tax Cashflow

$-5,160

Est. Mortgage (80% LVR)

$1141/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 $1,010,000, this 2 bedroom apartment Melrose Park investment offers entry below the $750,000 unit median, capitalising on the suburb's strong 28.5% five-year growth trajectory. Unit A904 provides a spacious 101m² two-bedroom, two-bathroom layout positioned on the ninth floor, delivering a premium lifestyle in this family-oriented suburb with a 65/100 walkability score. With a conservative estimated rent of $650 per week and an ASPIRE Score™ of 61/100, it presents a strategic entry point into a high-demand rental market characterised by a tight 1.8% vacancy rate.