Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C1114
Level 11
Prime 2 Bed Residences
Mason Residences — Unit C1114 | 2B/2B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
60ASPIRE
$1,065,000
3.2% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
91m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$1,065,000
NSW Stamp Duty
$42,455
Est. Weekly Rent
$650/wk
Gross Yield
3.17%
Year 1 After-Tax Cashflow
$-6,367
Est. Mortgage (80% LVR)
$1203/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
Positioned in a suburb where unit prices have surged 28.5% over five years, this $1,065,000 apartment represents a strategic entry into a high-growth market. This 11th-floor, 91m² two-bedroom residence in Building C offers low-maintenance family living in a locale prized for its transport links and community atmosphere. With an estimated rental yield of 3.17% and strong local demand evidenced by a 1.8% vacancy rate, it presents a tangible opportunity for capital appreciation, underscored by its ASPIRE Score™ of 60/100.
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Melrose Park Suburb Profile
2114 · Median $750K
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