Ding Real EstateIntegrated Property Financial Advisory
Residence
Unit C209
Level 2

Prime 2 Bed Residences

Mason Residences — Unit C209 | 3B/2B/2C

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

55ASPIRE
$1,475,000
2.3% gross yield

Residence Configuration

3
Bedrooms
2
Bathrooms
2
Car Spaces
138
Total Area
Aspect: Building C

Financial Analysis

Purchase Price
$1,475,000
NSW Stamp Duty
$63,535
Est. Weekly Rent
$650/wk
Gross Yield
2.29%
Year 1 After-Tax Cashflow
$-15,365
Est. Mortgage (80% LVR)
$1666/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

With a price of $1,475,000 sitting well above the suburb's $750,000 unit median, this investment is positioned for premium capital growth, supported by Melrose Park's strong 28.5% five-year growth trajectory. This spacious 138m² 3-bed, 2-bath apartment on level 2 of Building C offers a generous footprint ideal for family living, capitalising on the suburb’s high walkability and strong community appeal. Despite the ASPIRE Score™ of 55/100 indicating a yield-focused investor may need to manage the first-year cashflow of -$15,365, the significant $63,535 stamp duty cost underscores a substantial entry for a property with unique scarcity in its configuration.

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Your Agent

Graham Chee
Ding Real Estate
0283388900 [email protected]

Quick Summary

Property Typeland
Level2
AspectBuilding C
Deposit (20%)$295,000
Loan Amount$1,180,000

Development Features

Level 12 apartment
2 spacious bedrooms
2 modern bathrooms
secure undercover parking for 1 car
dedicated study nook
89sqm internal living space
14sqm balcony area
south and west facing aspect