Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C212
Level 2
Prime 2 Bed Residences
Mason Residences — Unit C212 | 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
84m²
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 a strategic entry into a market with units achieving 28.5% growth over five years. The north-facing aspect in Building C offers a bright, low-maintenance lifestyle close to parks and transport, ideal for investors targeting the under-supplied $650/week rental bracket. With an attractive ASPIRE Score of 66/100 and an estimated annual cashflow position of -$880, this $815,000 asset leverages strong historical growth to offset initial outlays.
Explore Other Residences
Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
Property Insights
Crows Nest 2026 Market Analysis: Top Sydney Villages
Discover Crows Nest's property market potential in 2026, featuring data-driven insights on unit growth, investment oppor
Discovering Little Bay Lifestyle: Affordable Coastal Living
Discover the charm of Little Bay, NSW 2036, where coastal living meets community vibes—offering a unique lifestyle witho
Parramatta vs Neighbouring Suburbs: Value Comparison
Explore the investment potential of Parramatta versus its neighboring suburbs, highlighting rental yields and ASPIRE sco