Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C913
Level 9
Prime 2 Bed Residences
Mason Residences — Unit C913 | 1B/1B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
70ASPIRE
$709,000
4.8% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
1
Car Space
60m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$709,000
NSW Stamp Duty
$26,435
Est. Weekly Rent
$650/wk
Gross Yield
4.77%
Year 1 After-Tax Cashflow
+$1,447
Est. Mortgage (80% LVR)
$801/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 1 bedroom apartment in Melrose Park presents a compelling entry point priced at $709,000, notably below the $750,000 suburb median, and is engineered for positive cash flow from day one. The North-facing aspect in Building C offers a bright and private living space, perfectly positioned for professionals seeking connectivity and low-maintenance lifestyle. With a robust ASPIRE Score of 70/100, the property’s estimated $1,447 first-year after-tax cashflow and strong $650/week rental demand underscore its investment-grade credentials.
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Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
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