Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C1009
Level 10
Prime 2 Bed Residences
Mason Residences — Unit C1009 | 3B/2B/2C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
55ASPIRE
$1,495,000
2.3% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
128m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$1,495,000
NSW Stamp Duty
$64,635
Est. Weekly Rent
$650/wk
Gross Yield
2.26%
Year 1 After-Tax Cashflow
$-15,804
Est. Mortgage (80% LVR)
$1689/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
This 3 bedroom apartment in Melrose Park presents a high-growth entry point at $1,495,000, well-above the $750,000 suburb median, reflecting its premium configuration and size. Occupying the 10th floor with a northerly aspect, the 128m² residence offers family-scaled living in a suburb with a strong 28.5% five-year unit growth trajectory. With an annual estimated cashflow of -$15,804, this investment is geared for capital appreciation, supported by Melrose Park's tight 1.8% vacancy rate and a solid ASPIRE Score of 55/100.
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Melrose Park Suburb Profile
2114 · Median $750K
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