Prime 2 Bed Residences

Positioned in the high-growth suburb of Melrose Park, this 2-bedroom apartment at 33 Hope St offers a purchase price $365,000 above the median, targeting investors seeking long-term capital growth with an established 28.5% 5-year unit growth rate. The spacious 133m² floorplan in Building B provides a family-scaled layout ideal for the suburb’s high-income ($85,000 median) demographic, aligning with strong local rental demand evidenced by a tight 1.8% vacancy rate. While the $1,115,000 price point yields a projected 3.03%, the investment carries an ASPIRE Score™ of 60/100, indicating a strategy focused on capital appreciation over immediate cashflow, supported by the suburb's robust 4.8% annual growth.