Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C1014
Level 10
Prime 2 Bed Residences
Mason Residences — Unit C1014 | 2B/2B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
60ASPIRE
$1,055,000
3.2% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
91m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$1,055,000
NSW Stamp Duty
$42,005
Est. Weekly Rent
$650/wk
Gross Yield
3.20%
Year 1 After-Tax Cashflow
$-6,147
Est. Mortgage (80% LVR)
$1192/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
Presented at $1,055,000, this 2-bedroom apartment offers a strategic entry into Melrose Park’s unit market priced 40% above the $750,000 median, indicating a premium product. The 10th-floor position in Building C provides a sought-after northerly aspect, complementing a spacious 91m² layout ideal for professionals. With an ASPIRE Score of 60/100 and an estimated weekly rent of $650, investors can target the suburb's tight 1.8% vacancy rate, translating to a secure 3.2% yield in a high-demand rental corridor.
Explore Other Residences
Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
Property Insights
Kensington Investment Blueprint: Grow with $1.15M Apartments
Unlock financial growth with the Kensington Investment Blueprint, your guide to maximizing yields and engineering succes
Kensington Property Buying Blueprint for Smart Investors
Unlock the secrets to smarter property investment in Kensington, NSW. Learn how to minimize stamp duty and optimize lend
Luxury Awaits: Kensington NSW 2033 Apartments
Discover why The Kensington, just 6km from Sydney CBD, offers unparalleled luxury and high rental yields, making it a pr