What is the price of Unit A1201 at Terra Residences, Melrose Park?

Unit A1201 is priced at $1,100,000.

What is the rental yield and estimated rent for this apartment?

The estimated rent is $650 per week, with a gross rental yield of 3.1%.

How does the price compare to the Melrose Park median unit price?

At $1,100,000, this unit is above the suburb median of $750,000, reflecting its larger size and premium position.

What are the transport and lifestyle benefits of living in Melrose Park?

Melrose Park offers excellent connectivity to the CBD and Macquarie Park, quality schools, parks, and a strong sense of community.

What is the ASPIRE Intelligence Score for this property?

The ASPIRE Intelligence Score for Unit A1201 is 60/100, indicating balanced appeal.

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Residence

Unit A1201

Level 12

Prime 2 Bed Residences

Name: Unit A1201 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1100000 AUD
Availability: InStock

Terra Residences — Unit A1201 | 2B/2B/1C

33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114

60ASPIRE

$1,100,000

3.1% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

112m²

Total Area

Aspect: Building A

Financial Analysis

Purchase Price

$1,100,000

NSW Stamp Duty

$44,030

Est. Weekly Rent

$650/wk

Gross Yield

3.07%

Year 1 After-Tax Cashflow

$-7,135

Est. Mortgage (80% LVR)

$1242/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 below Melrose Park's $750,000 median unit price, this $1.1 million 2-bedroom apartment offers significant entry-point leverage into a market with 28.5% five-year growth. Unit A1201 on level 12 provides a north-facing, light-filled 112sqm layout ideal for professionals seeking space and connectivity near West Ryde station. With an ASPIRE Score™ of 60/100 and a forecast weekly rent of $650, investors can capitalise on the suburb's tight 1.8% vacancy rate for steady demand amidst moderate initial cashflow.