What is the price of Unit C1114 at Mason Residences, Melrose Park?

Unit C1114 is priced at $1,065,000.

What is the estimated rental yield for this apartment?

The estimated gross rental yield is 3.2% based on a rent of $650 per week.

How has the unit price grown in Melrose Park over the last five years?

Unit prices in Melrose Park have grown by 28.5% over the past five years.

What amenities are nearby in Melrose Park?

Melrose Park offers parks, reputable schools, local shopping, and strong public transport links.

Is Melrose Park suitable for families?

Yes, Melrose Park is popular with families due to its quality schools, recreational facilities, and strong community focus.

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Residence

Unit C1114

Level 11

Prime 2 Bed Residences

Name: Unit C1114 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1065000 AUD
Availability: InStock

Mason Residences — Unit C1114 | 2B/2B/1C

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

60ASPIRE

$1,065,000

3.2% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

91m²

Total Area

Aspect: Building C

Financial Analysis

Purchase Price

$1,065,000

NSW Stamp Duty

$42,455

Est. Weekly Rent

$650/wk

Gross Yield

3.17%

Year 1 After-Tax Cashflow

$-6,367

Est. Mortgage (80% LVR)

$1203/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

Positioned in a suburb where unit prices have surged 28.5% over five years, this $1,065,000 apartment represents a strategic entry into a high-growth market. This 11th-floor, 91m² two-bedroom residence in Building C offers low-maintenance family living in a locale prized for its transport links and community atmosphere. With an estimated rental yield of 3.17% and strong local demand evidenced by a 1.8% vacancy rate, it presents a tangible opportunity for capital appreciation, underscored by its ASPIRE Score™ of 60/100.