Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C312
Level 3
Prime 2 Bed Residences
Mason Residences — Unit C312 | 1B/1B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
66ASPIRE
$820,000
4.1% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
1
Car Space
84m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$820,000
NSW Stamp Duty
$31,430
Est. Weekly Rent
$650/wk
Gross Yield
4.12%
Year 1 After-Tax Cashflow
$-990
Est. Mortgage (80% LVR)
$926/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 Melrose Park investment is priced at $820,000, presenting a strategic entry point into a market where units have delivered 28.5% growth over five years. The third-floor position in a sought-after complex offers a low-maintenance lifestyle in a suburb prized for its family appeal and 65/100 walkability. With a solid ASPIRE Score™ of 66/100 and an estimated weekly rent of $650, it attracts stable tenant demand in an area with a tight 1.8% vacancy rate.
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Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
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