Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C210
Level 2
Prime 2 Bed Residences
Mason Residences — Unit C210 | 1B/1B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
66ASPIRE
$815,000
4.2% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
1
Car Space
100m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$815,000
NSW Stamp Duty
$31,205
Est. Weekly Rent
$650/wk
Gross Yield
4.15%
Year 1 After-Tax Cashflow
$-880
Est. Mortgage (80% LVR)
$921/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 1 bedroom apartment in Melrose Park presents at $815,000, offering a strategic entry point $65,000 below the suburb's $750,000 unit median. The well-proportioned 100sqm layout with single car space suits the low 1.8% vacancy demand, delivering an estimated $650 weekly rent. With a 4.15% yield and an ASPIRE Score™ of 66/100, this asset targets investors seeking a lower initial outlay coupled with Melrose Park's strong 28.5% five-year unit growth trajectory.
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Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
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