What is the price of Unit C309 at Mason Residences, Melrose Park?

Unit C309 is priced at $1,505,000.

How many bedrooms and bathrooms does Unit C309 have?

Unit C309 offers 3 bedrooms, 2 bathrooms, and 2 car spaces.

What is the estimated rental yield for Unit C309?

The estimated gross rental yield for Unit C309 is 2.3%.

What is the median unit price and growth in Melrose Park?

The median unit price in Melrose Park is $750,000 with 28.5% growth over 5 years.

Is Melrose Park a good suburb for families?

Yes, Melrose Park is family-friendly with quality schools, parks, and a strong sense of community.

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Residence

Unit C309

Level 3

Prime 2 Bed Residences

Name: Unit C309 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1505000 AUD
Availability: InStock

Mason Residences — Unit C309 | 3B/2B/2C

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

55ASPIRE

$1,505,000

2.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Spaces

138m²

Total Area

Aspect: Building C

Financial Analysis

Purchase Price

$1,505,000

NSW Stamp Duty

$65,185

Est. Weekly Rent

$650/wk

Gross Yield

2.25%

Year 1 After-Tax Cashflow

$-16,024

Est. Mortgage (80% LVR)

$1700/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 an ASPIRE Score™ of 55/100, this $1,505,000 three-bedroom apartment offers a spacious 138m² layout in a family-centric suburb experiencing strong 28.5% five-year unit growth. Its generous three-bedroom, two-bathroom configuration caters to the established local rental market, where low 1.8% vacancy underscores tenant demand. Investors should note the current yield of 2.25%, prioritising long-term capital appreciation over immediate cashflow in this tightly held Melrose Park location.