What is the price of Unit C609 at Mason Residences in Melrose Park?

Unit C609 is priced at $1,455,000.

What is the rental yield for this apartment?

The estimated gross rental yield is 2.3%, with an estimated rent of $650 per week.

How big is Unit C609 at Mason Residences?

This apartment offers a total area of 128m².

What is the median unit price and growth in Melrose Park?

The median unit price is $750,000, with 28.5% growth over five years.

Is Melrose Park a good suburb for families?

Yes, with quality schools, parks, and a high owner-occupier rate, Melrose Park is ideal for families.

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Residence

Unit C609

Level 6

Prime 2 Bed Residences

Name: Unit C609 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1455000 AUD
Availability: InStock

Mason Residences — Unit C609 | 3B/2B/2C

33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114

55ASPIRE

$1,455,000

2.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Spaces

128m²

Total Area

Aspect: Building C

Financial Analysis

Purchase Price

$1,455,000

NSW Stamp Duty

$62,435

Est. Weekly Rent

$650/wk

Gross Yield

2.32%

Year 1 After-Tax Cashflow

$-14,926

Est. Mortgage (80% LVR)

$1643/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 an ASPIRE Score™ of 55/100, this 3 bedroom apartment in Melrose Park presents a strategic entry into a high-growth market where unit values have risen 28.5% over five years. The expansive 128m² floorplan offers a rarely available 3 bed, 2 bath, 2 car configuration, perfect for capitalising on strong family rental demand. Despite an estimated initial cashflow of -$14,926, the $1,455,000 price point positions you in a suburb with proven capital growth, targeting a tenant demographic willing to pay a premium for spacious, modern accommodation.