What is the price of Unit A608 at Terra Residences?

Unit A608 is priced at $1,430,000.

How large is Unit A608 in Melrose Park?

Unit A608 offers a total area of 118m².

What is the estimated rental yield for this apartment?

The estimated gross yield for Unit A608 is 2.4%.

What are the transport options near Terra Residences, Melrose Park?

Residents have access to Victoria Road bus services and are close to West Ryde train station.

Is Melrose Park a good suburb for families?

Yes, with quality schools, parks, and a strong sense of community, Melrose Park is well-suited for families.

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Residence

Unit A608

Level 6

Prime 2 Bed Residences

Name: Unit A608 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1430000 AUD
Availability: InStock

Terra Residences — Unit A608 | 3B/2B/1C

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

55ASPIRE

$1,430,000

2.4% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

118m²

Total Area

Aspect: Building A

Financial Analysis

Purchase Price

$1,430,000

NSW Stamp Duty

$61,060

Est. Weekly Rent

$650/wk

Gross Yield

2.36%

Year 1 After-Tax Cashflow

$-14,378

Est. Mortgage (80% LVR)

$1615/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 attractive entry point at $1,430,000, priced competitively against the suburb’s $750,000 unit median, this 118sqm 3-bedroom apartment in Melrose Park offers rare space and family functionality. The expansive 3 bed, 2 bath layout in Building A provides an unrivalled footprint for a unit in this tightly held suburb, appealing to upsizers seeking value. An ASPIRE Score™ of 55/100 indicates a sound, long-term holding proposition, with its $650/week estimated rent supported by a low 1.8% suburb vacancy rate.