What is the price of Unit C1109 at Mason Residences, Melrose Park?

Unit C1109 is priced at $1,505,000.

What is the estimated rental yield for this apartment?

The estimated gross rental yield is 2.3% with a weekly rent of $650.

How does the price compare to the median unit price in Melrose Park?

The price of $1,505,000 is significantly above the suburb's median unit price of $750,000.

What amenities does Melrose Park offer residents?

Melrose Park offers quality schools, parks, community clubs, shopping, and strong transport connections.

Is Melrose Park a good suburb for families and professionals?

Yes, Melrose Park has strong owner-occupier rates, excellent connectivity, and a family-friendly community.

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Residence

Unit C1109

Level 11

Prime 2 Bed Residences

Name: Unit C1109 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1505000 AUD
Availability: InStock

Mason Residences — Unit C1109 | 3B/2B/2C

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

55ASPIRE

$1,505,000

2.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Spaces

128m²

Total Area

Aspect: Building C

Financial Analysis

Purchase Price

$1,505,000

NSW Stamp Duty

$65,185

Est. Weekly Rent

$650/wk

Gross Yield

2.25%

Year 1 After-Tax Cashflow

$-16,024

Est. Mortgage (80% LVR)

$1700/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

While its current ASPIRE Score™ of 55/100 indicates a project-specific assessment, this spacious 128m² three-bedroom apartment presents a substantial footprint at $1,505,000, a notable premium to the suburb's $750,000 unit median. Positioned on the 11th floor of Building C, this three-bedroom apartment in Melrose Park offers investors a generous family-sized layout in a community prized for its strong 28.5% five-year unit growth. With an estimated rent of $650 per week against a tight 1.8% suburb vacancy, the property highlights the trade-off between high-growth locale and a calculated initial yield of 2.25% for the strategic buyer.