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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C1311
Level 13
Prime 2 Bed Residences
Mason Residences — Unit C1311 | 1B/1B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
66ASPIRE
$760,000
4.5% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
1
Car Space
59m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$760,000
NSW Stamp Duty
$28,730
Est. Weekly Rent
$650/wk
Gross Yield
4.45%
Year 1 After-Tax Cashflow
+$327
Est. Mortgage (80% LVR)
$858/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
This $760,000 1 bedroom apartment investment in Melrose Park delivers a compelling 4.45% yield against a suburb median of $750,000, backed by its ASPIRE Score™ of 66/100. The sought-after single-level floorplan offers a low-maintenance lifestyle in a tightly held suburb with a 1.8% vacancy rate, ensuring strong tenant demand. With positive projected first-year cashflow of $327 and immediate rental income of $650 per week, this represents a strategically priced entry into a market showing 28.5% growth over five years.
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Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
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