What is the price of Unit C1014 at Mason Residences?

Unit C1014 is priced at $1,055,000.

What is the estimated rental yield for this apartment?

The estimated gross rental yield for Unit C1014 is 3.2%.

How does the price compare to the Melrose Park median unit price?

Unit C1014 is priced 40% above Melrose Park's median unit price of $750,000, reflecting its premium features.

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

Melrose Park offers excellent transport, quality schools, local parks, and a strong sense of community, making it ideal for families and professionals.

What is the ASPIRE Intelligence Score and what does it mean?

Unit C1014 has an ASPIRE Intelligence Score of 60/100, indicating solid appeal for both owner-occupiers and investors.

Ding Real EstateIntegrated Property Financial Advisory

CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled

About Contact

Residence

Unit C1014

Level 10

Prime 2 Bed Residences

Name: Unit C1014 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1055000 AUD
Availability: InStock

Mason Residences — Unit C1014 | 2B/2B/1C

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

60ASPIRE

$1,055,000

3.2% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

91m²

Total Area

Aspect: Building C

Financial Analysis

Purchase Price

$1,055,000

NSW Stamp Duty

$42,005

Est. Weekly Rent

$650/wk

Gross Yield

3.20%

Year 1 After-Tax Cashflow

$-6,147

Est. Mortgage (80% LVR)

$1192/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

Presented at $1,055,000, this 2-bedroom apartment offers a strategic entry into Melrose Park’s unit market priced 40% above the $750,000 median, indicating a premium product. The 10th-floor position in Building C provides a sought-after northerly aspect, complementing a spacious 91m² layout ideal for professionals. With an ASPIRE Score of 60/100 and an estimated weekly rent of $650, investors can target the suburb's tight 1.8% vacancy rate, translating to a secure 3.2% yield in a high-demand rental corridor.