Ding Real EstateIntegrated Property Financial Advisory
Residence
Unit A1301
Level 13

Prime 2 Bed Residences

Terra Residences — Unit A1301 | 2B/2B/1C

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

60ASPIRE
$1,110,000
3.0% gross yield

Residence Configuration

2
Bedrooms
2
Bathrooms
1
Car Space
111
Total Area
Aspect: Building A

Financial Analysis

Purchase Price
$1,110,000
NSW Stamp Duty
$44,480
Est. Weekly Rent
$650/wk
Gross Yield
3.05%
Year 1 After-Tax Cashflow
$-7,354
Est. Mortgage (80% LVR)
$1254/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

Priced at $1.1M, this 111sqm 2-bedroom apartment offers a significant 48% more space than the suburb's median unit price point, presenting a compelling value-for-size proposition. Unit A1301 on the 13th floor provides a generous dual-bedroom layout designed for professional sharers or small families seeking space in Melrose Park's tightly held market. With an ASPIRE Score™ of 60/100, investors should note the current estimated $7,354 annual cashflow shortfall is balanced by robust 28.5% 5-year unit growth, signalling a strategy focused on long-term capital appreciation over immediate yield.

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Your Agent

Graham Chee
Ding Real Estate
0283388900 [email protected]

Quick Summary

Property Typeland
Level13
AspectBuilding A
Deposit (20%)$222,000
Loan Amount$888,000

Development Features

Level 12 apartment
2 spacious bedrooms
2 modern bathrooms
secure undercover parking for 1 car
dedicated study nook
89sqm internal living space
14sqm balcony area
south and west facing aspect