Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C616
Level 6
Prime 2 Bed Residences
Mason Residences — Unit C616 | 1B/1B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
66ASPIRE
$790,000
4.3% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
1
Car Space
69m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$790,000
NSW Stamp Duty
$30,080
Est. Weekly Rent
$650/wk
Gross Yield
4.28%
Year 1 After-Tax Cashflow
$-331
Est. Mortgage (80% LVR)
$892/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
Positioned as a strategic entry into Melrose Park's tightly held unit market, this 1 bedroom apartment investment ($790,000) presents a compelling 4.28% yield against a suburb median of $750,000. The efficient 69m² layout in Building C offers a low-maintenance foothold in a suburb renowned for its family appeal and 28.5% five-year unit growth. With an ASPIRE Score of 66/100 and a calculated first-year cashflow position of just -$331, it represents a high-accessibility investment into a market with a severe 1.8% vacancy rate.
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Melrose Park Suburb Profile
2114 · Median $750K
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