Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C515
Level 5
Prime 2 Bed Residences
Mason Residences — Unit C515 | 3B/2B/2C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
55ASPIRE
$1,445,000
2.3% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
128m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$1,445,000
NSW Stamp Duty
$61,885
Est. Weekly Rent
$650/wk
Gross Yield
2.34%
Year 1 After-Tax Cashflow
$-14,707
Est. Mortgage (80% LVR)
$1632/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
With a current rental yield of 2.34%, this $1,445,000, 3-bedroom apartment presents a strategic entry into Melrose Park's tightly held unit market, where a 1-year growth of 4.8% underscores its capital appreciation potential. This north-facing, 128m² residence on the fifth floor offers generous family-sized living in a suburb prized for its transport links and strong community appeal. An ASPIRE Score™ of 55/100 indicates a solid foundational investment, with the unit's $650 weekly rent aligning with the suburb median, ensuring reliable tenant demand for this premium 3 bedroom apartment Melrose Park investment.
Explore Other Residences
Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
Property Insights
Kensington Investment Blueprint: Grow with $1.15M Apartments
Unlock financial growth with the Kensington Investment Blueprint, your guide to maximizing yields and engineering succes
Kensington Property Buying Blueprint for Smart Investors
Unlock the secrets to smarter property investment in Kensington, NSW. Learn how to minimize stamp duty and optimize lend
Luxury Awaits: Kensington NSW 2033 Apartments
Discover why The Kensington, just 6km from Sydney CBD, offers unparalleled luxury and high rental yields, making it a pr