What is the price of Unit A901 at Terra Residences in Melrose Park?

Unit A901 is priced at $1,070,000.

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

The estimated gross rental yield for Unit A901 is 3.2%.

How does the price of Unit A901 compare to the Melrose Park median?

Unit A901 is priced $320,000 above the current Melrose Park median unit price of $750,000.

What are the key lifestyle benefits of living in Melrose Park?

Melrose Park offers parks, quality schools, strong community, and excellent transport links to Sydney CBD and Macquarie Park.

How large is Unit A901 and what is its configuration?

Unit A901 features 2 bedrooms, 2 bathrooms, 1 car space, and a total area of 112m² on the 9th floor.

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Residence

Unit A901

Level 9

Prime 2 Bed Residences

Name: Unit A901 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1070000 AUD
Availability: InStock

Terra Residences — Unit A901 | 2B/2B/1C

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

60ASPIRE

$1,070,000

3.2% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

112m²

Total Area

Aspect: Building A

Financial Analysis

Purchase Price

$1,070,000

NSW Stamp Duty

$42,680

Est. Weekly Rent

$650/wk

Gross Yield

3.16%

Year 1 After-Tax Cashflow

$-6,477

Est. Mortgage (80% LVR)

$1209/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 $1,070,000, this 2 bedroom apartment in Melrose Park presents a strategic entry point $320,000 below the current suburb median, aligning with a market demonstrating strong 28.5% five-year growth. The ninth-floor configuration of two beds and two baths offers expansive 112sqm living, catering to professionals or small families seeking space and connectivity near Kissing Point Park. With an ASPIRE Score of 60/100 reflecting its solid fundamentals, investors can capitalise on the suburb's tight 1.8% vacancy rate, securing reliable rental demand against the initial $6,477 annual cashflow position.