Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C1214
Level 12
Prime 2 Bed Residences
Mason Residences — Unit C1214 | 2B/2B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
60ASPIRE
$1,075,000
3.1% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
91m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$1,075,000
NSW Stamp Duty
$42,905
Est. Weekly Rent
$650/wk
Gross Yield
3.14%
Year 1 After-Tax Cashflow
$-6,586
Est. Mortgage (80% LVR)
$1214/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
With an ASPIRE Score™ of 60/100, this 2-bedroom Melrose Park apartment offers a measured entry to a suburb where unit values have risen 28.5% over five years. The prized 2-bed, 2-bath configuration on the 12th floor provides a family-scaled layout in a locale renowned for its transport links and strong community appeal. While the initial yield is 3.14%, the $650 per week estimated rent aligns with the suburb's median, tapping into dependable demand underscored by a low 1.8% vacancy rate.
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Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
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