Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C211
Level 2
Prime 2 Bed Residences
Mason Residences — Unit C211 | 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
101m²
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
Priced at $815,000, this 1-bedroom apartment investment offers a strategic entry point into Melrose Park's market, sitting just 8.7% above the suburb's $750,000 unit median. The versatile 101m² floorplan in Building C provides an efficient layout for investors, targeting the strong local rental demand where median rents hold firm at $650 per week. With an ASPIRE Score of 66/100 and a first-year after-tax cashflow projection of -$880, it represents a value-add opportunity in a suburb where unit values have grown 28.5% over five years.
Explore Other Residences
Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
Property Insights
Zetland 123-Residence: A Smart Investment Guide
Explore the investment potential of Zetland's 123-Residence Executive Sanctuary, featuring a 5.1% rental yield in Sydney
Negative Gearing in Zetland: What to Expect Post-2027
Explore the impact of 2027’s negative gearing reforms on Zetland's off-the-plan apartments. Understand grandfathered rig
Explore Parramatta's $620k Light Rail Apartments
Explore Parramatta's thriving real estate scene with our comprehensive guide on the $620,000 two-bedroom apartments offe