Ding Real EstateIntegrated Property Financial Advisory
Residence
Unit A2008
Level 20

Prime 2 Bed Residences

Terra Residences — Unit A2008 | 3B/2B/2C

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

54ASPIRE
$1,630,000
2.1% gross yield

Residence Configuration

3
Bedrooms
2
Bathrooms
2
Car Spaces
114
Total Area
Aspect: Building A

Financial Analysis

Purchase Price
$1,630,000
NSW Stamp Duty
$72,060
Est. Weekly Rent
$650/wk
Gross Yield
2.07%
Year 1 After-Tax Cashflow
$-18,767
Est. Mortgage (80% LVR)
$1841/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

Offering a premium 3-bedroom layout, Unit A2008 presents a substantial 114m² footprint for $1,630,000, a premium that secures a family-scale residence in this tightly held suburb where median unit prices are growing at 4.8% annually. This high-level apartment in Building A provides a spacious sanctuary, catering directly to the suburb's family-oriented demographic seeking more room than typical units offer. With an ASPIRE Score™ of 54/100, investors should note this is a strategic capital growth play, as the estimated $650/week rent yields 2.07%, focusing on long-term value appreciation in a market with a low 1.8% vacancy rate.

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Your Agent

Graham Chee
Ding Real Estate
0283388900 [email protected]

Quick Summary

Property Typeland
Level20
AspectBuilding A
Deposit (20%)$326,000
Loan Amount$1,304,000

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