Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C1011
Level 10
Prime 2 Bed Residences
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
1
Bedroom
1
Bathroom
1
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.
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Melrose Park Suburb Profile
2114 · Median $750K
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