What is the price of Unit C1011 at Mason Residences in Melrose Park?

Unit C1011 is priced at $745,000, which is $5,000 below the suburb median.

What is the estimated rental yield for Unit C1011?

The estimated gross rental yield is 4.5%, with an expected rent of $650 per week.

Is Melrose Park a good suburb for first home buyers?

Melrose Park offers strong growth (28.5% over 5 years), quality amenities, and solid connectivity, making it attractive for first home buyers.

How close is Melrose Park to Sydney CBD and public transport?

Melrose Park is 15km from the CBD, with West Ryde Station nearby and strong bus connections.

What is the ASPIRE Intelligence Score for Unit C1011?

This apartment scores 70/100, reflecting a balanced mix of location, liveability, and value.

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Residence

Unit C1011

Level 10

Prime 2 Bed Residences

Name: Unit C1011 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 745000 AUD
Availability: InStock

Mason Residences — Unit C1011 | 1B/1B/1C

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

70ASPIRE

$745,000

4.5% gross yield

Residence Configuration

Bedroom

Bathroom

Car Space

59m²

Total Area

Aspect: Building C

Financial Analysis

Purchase Price

$745,000

NSW Stamp Duty

$28,055

Est. Weekly Rent

$650/wk

Gross Yield

4.54%

Year 1 After-Tax Cashflow

+$656

Est. Mortgage (80% LVR)

$841/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 $745,000, this 1 bedroom apartment offers a sharp entry point $5,000 under the suburb median, backed by a robust 4.54% rental yield. The level 10 position in Building C delivers a premium sense of space and light, catering to professionals seeking low-maintenance, well-connected living. With an estimated positive cashflow of $656 in year one and a tight 1.8% vacancy rate underscoring demand, this ASPIRE Score™ 70/100 opportunity is a compelling 1 bedroom apartment Melrose Park investment.