Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C911
Level 9
Prime 2 Bed Residences
Mason Residences — Unit C911 | 1B/1B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
70ASPIRE
$740,000
4.6% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
1
Car Space
59m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$740,000
NSW Stamp Duty
$27,830
Est. Weekly Rent
$650/wk
Gross Yield
4.57%
Year 1 After-Tax Cashflow
+$766
Est. Mortgage (80% LVR)
$836/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 one-bedroom investment at 33 Hope St offers an immediate 4.57% yield with a purchase price $10,000 below the Melrose Park median, backed by a solid ASPIRE Score™ of 70. Unit C911 on level 9 provides a low-maintenance, modern lifestyle in a tightly held suburb with strong 28.5% five-year unit growth. Expect positive cashflow from day one, with an estimated first-year after-tax position of $766, capitalising on the suburb's low 1.8% vacancy rate.
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