Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C1113
Level 11
Prime 2 Bed Residences
Mason Residences — Unit C1113 | 1B/1B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
70ASPIRE
$715,000
4.7% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
1
Car Space
60m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$715,000
NSW Stamp Duty
$26,705
Est. Weekly Rent
$650/wk
Gross Yield
4.73%
Year 1 After-Tax Cashflow
+$1,315
Est. Mortgage (80% LVR)
$808/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
Offering a compelling 4.73% rental yield, this 1-bedroom apartment at 33 Hope St presents a high-cashflow entry into the tightly held Melrose Park market. Positioned on the 11th floor, this efficient 60m² layout delivers a low-maintenance lifestyle with immediate proximity to parks and community amenities. With a calculated Year 1 after-tax cashflow of $1,315 and an ASPIRE Score™ of 70/100, this $715,000 investment capitalises on the suburb's 4.8% annual growth and strong rental demand evidenced by a 1.8% vacancy rate.
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Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
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