What is the price of Unit C1012 at Mason Residences?

Unit C1012 is priced at $745,000.

What is the estimated rental yield for this Melrose Park apartment?

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

How close is Unit C1012 to public transport?

The apartment is within walking distance to frequent bus services and near West Ryde Station.

Is Melrose Park a good suburb for first home buyers or investors?

With strong recent growth, a median unit price of $750,000, and a low vacancy rate, Melrose Park is attractive for both first home buyers and investors.

What amenities are nearby Mason Residences in Melrose Park?

Residents enjoy access to local parks, community clubs, retail precincts, and excellent transport connectivity.

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Residence

Unit C1012

Level 10

Prime 2 Bed Residences

Name: Unit C1012 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 745000 AUD
Availability: InStock

Mason Residences — Unit C1012 | 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

60m²

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

Securing a high 4.54% rental yield in a suburb with a tight 1.8% vacancy rate, this $745,000 1 bedroom apartment Melrose Park investment presents a robust entry point. Positioned on the 10th floor of Building C, it offers a low-maintenance lifestyle with immediate proximity to transport and parks, aligning with the suburb’s $85,000 median income demographic. With a healthy YR1 after-tax cashflow of $656 and an ASPIRE Score™ of 70/100, this asset is engineered for strong rental demand and capital stability.