Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C910
Level 9
Prime 2 Bed Residences
Mason Residences — Unit C910 | 2B/2B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
61ASPIRE
$1,015,000
3.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
96m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$1,015,000
NSW Stamp Duty
$40,205
Est. Weekly Rent
$650/wk
Gross Yield
3.33%
Year 1 After-Tax Cashflow
$-5,269
Est. Mortgage (80% LVR)
$1146/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 2 bedroom apartment investment in Melrose Park carries an ASPIRE Score of 61, priced at $1,015,000 in a suburb where unit values have risen 28.5% over five years. The well-proportioned 96m² floorplan offers modern dual-bathroom convenience in a location prized for its family-friendly community and excellent transport links. While the estimated weekly rent is $650, astute investors will note the suburb's tight 1.8% vacancy rate, indicating strong underlying rental demand to support long-term growth.
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Melrose Park Suburb Profile
2114 · Median $750K
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