Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C613
Level 6
Prime 2 Bed Residences
Mason Residences — Unit C613 | 1B/1B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
70ASPIRE
$725,000
4.7% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
1
Car Space
60m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$725,000
NSW Stamp Duty
$27,155
Est. Weekly Rent
$650/wk
Gross Yield
4.66%
Year 1 After-Tax Cashflow
+$1,095
Est. Mortgage (80% LVR)
$819/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 $25,000 below the suburb's median unit price, this Melrose Park apartment offers a strategic entry point with an ASPIRE Score™ of 70/100 and a compelling 4.66% yield. The functional one-bedroom configuration delivers an affordable foothold in a family-centric suburb prized for its transport links and strong 28.5% five-year growth. With projected first-year after-tax cashflow of $1,095 and a tight 1.8% vacancy rate securing $650/wk rents, this is a resilient 1 bedroom apartment Melrose Park investment underpinned by solid fundamentals.
Explore Other Residences
Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
Property Insights
Extraordinary Coastal Collection: Little Bay Apartments
Discover why Little Bay's oceanfront residences stand out for investors, offering architectural excellence, breathtaking
Zetland Lifestyle: Your Guide to Urban Convenience
Discover how Zetland is transforming urban living with its vibrant cafes, efficient transport, and a strong community sp
Parramatta: Sydney's New Lifestyle Hub
Discover why Parramatta is redefining urban living in Sydney with its vibrant cafés, seamless transport links, and a thr