Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C1314
Level 13
Prime 2 Bed Residences
Mason Residences — Unit C1314 | 2B/2B/2C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
57ASPIRE
$1,135,000
3.0% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
2
Car Spaces
91m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$1,135,000
NSW Stamp Duty
$45,605
Est. Weekly Rent
$650/wk
Gross Yield
2.98%
Year 1 After-Tax Cashflow
$-7,903
Est. Mortgage (80% LVR)
$1282/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
Offering a $1,135,000 entry point below the suburb's $750,000 median unit price, this 13th-floor two-bedroom residence presents a strategic value proposition. The sought-after dual-bed, dual-bath configuration with secure parking delivers a high-quality family or professional lifestyle in a suburb noted for its strong community and 78/100 growth potential. With an ASPIRE Score of 57/100, investors can secure an asset offering a $650 weekly income stream in a rental market with a tight 1.8% vacancy rate, providing foundational stability amidst a high-growth environment.
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Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
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