What is the price of Unit C210 at Mason Residences, Melrose Park?

Unit C210 is priced at $815,000.

What is the estimated rental yield for this apartment?

The estimated gross rental yield is 4.2%, with an expected rent of $650 per week.

How does this unit's price compare to the Melrose Park median?

This unit is $65,000 above the suburb median unit price of $750,000, offering extra space and features.

What is the vacancy rate for apartments in Melrose Park?

Melrose Park has a low vacancy rate of 1.8%, indicating strong rental demand.

What amenities and transport options are available in Melrose Park?

Melrose Park offers good public transport via West Ryde Station and bus routes, quality schools, and access to parks and shopping.

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Residence

Unit C210

Level 2

Prime 2 Bed Residences

Name: Unit C210 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 815000 AUD
Availability: InStock

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

Bedroom

Bathroom

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.