What is the price of Unit C616 at Mason Residences, Melrose Park?

Unit C616 is priced at $790,000.

What is the rental yield for Unit C616 in Melrose Park?

The estimated gross rental yield is 4.3%, with an expected rent of $650 per week.

How does Melrose Park perform as a suburb for apartment buyers?

Melrose Park has seen 28.5% five-year unit price growth, a median unit price of $750,000, and low vacancy rates, making it attractive to buyers and investors.

What transport options are available near Mason Residences?

Mason Residences is close to West Ryde Station and major bus routes, offering easy access to the CBD and Macquarie Park.

Is this apartment suitable for first home buyers?

With its efficient layout, secure parking, and strong yield in a growth suburb, Unit C616 suits first home buyers and investors seeking long-term value.

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Residence

Unit C616

Level 6

Prime 2 Bed Residences

Name: Unit C616 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 790000 AUD
Availability: InStock

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

Bedroom

Bathroom

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.