Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C1010
Level 10
Prime 2 Bed Residences
Mason Residences — Unit C1010 | 2B/2B/2C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
60ASPIRE
$1,090,000
3.1% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
2
Car Spaces
96m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$1,090,000
NSW Stamp Duty
$43,580
Est. Weekly Rent
$650/wk
Gross Yield
3.10%
Year 1 After-Tax Cashflow
$-6,915
Est. Mortgage (80% LVR)
$1231/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 2 bedroom apartment investment in Melrose Park commands a $1,090,000 price, positioning it above the $750,000 suburb median for enhanced asset quality. Unit C1010 provides a sought-after dual-key configuration on the 10th floor, offering a low-maintenance lifestyle just 15km from the CBD. With an ASPIRE Score of 60 and estimated weekly rent of $650, investors should note the first-year after-tax cashflow of -$6,915, though this is offset by the suburb's strong 28.5% five-year unit growth trajectory.
Explore Other Residences
Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
Property Insights
Zetland 123-Residence: A Smart Investment Guide
Explore the investment potential of Zetland's 123-Residence Executive Sanctuary, featuring a 5.1% rental yield in Sydney
Negative Gearing in Zetland: What to Expect Post-2027
Explore the impact of 2027’s negative gearing reforms on Zetland's off-the-plan apartments. Understand grandfathered rig
Explore Parramatta's $620k Light Rail Apartments
Explore Parramatta's thriving real estate scene with our comprehensive guide on the $620,000 two-bedroom apartments offe