What is the price of Unit A1903 at Terra Residences, Melrose Park?

Unit A1903 is priced at $1,095,000.

What is the rental yield for this apartment in Melrose Park?

The estimated gross yield for Unit A1903 is 3.1%.

How does the ASPIRE Intelligence Score rate this apartment?

Unit A1903 has an ASPIRE Score of 60/100, indicating a solid entry opportunity in Melrose Park.

What is the estimated weekly rent for this property?

The estimated weekly rent is $650.

Is Melrose Park a good suburb for families and professionals?

Melrose Park offers strong family appeal, good schools, parks, and excellent transport links, making it attractive for both families and professionals.

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Residence

Unit A1903

Level 19

Prime 2 Bed Residences

Name: Unit A1903 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1095000 AUD
Availability: InStock

Terra Residences — Unit A1903 | 2B/2B/1C

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

60ASPIRE

$1,095,000

3.1% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

93m²

Total Area

Aspect: Building A

Financial Analysis

Purchase Price

$1,095,000

NSW Stamp Duty

$43,805

Est. Weekly Rent

$650/wk

Gross Yield

3.09%

Year 1 After-Tax Cashflow

$-7,025

Est. Mortgage (80% LVR)

$1237/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

With an ASPIRE Score™ of 60/100 signalling a solid entry point into Melrose Park's high-growth market (5Y unit growth: 28.5%), this 2 bedroom apartment investment offers strategic positioning. The 19th-floor residence provides a quiet, sunlit retreat with a practical dual-bathroom layout ideal for professional tenants or small families. Priced at $1,095,000, it leverages the suburb's tight 1.8% vacancy rate, translating to reliable rental demand and an estimated $650 per week return.