Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C716
Level 7
Prime 2 Bed Residences
Mason Residences — Unit C716 | 1B/1B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
66ASPIRE
$795,000
4.3% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
1
Car Space
69m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$795,000
NSW Stamp Duty
$30,305
Est. Weekly Rent
$650/wk
Gross Yield
4.25%
Year 1 After-Tax Cashflow
$-441
Est. Mortgage (80% LVR)
$898/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
Priced at $795,000, this investment-grade 1 bedroom apartment Melrose Park opportunity enters the market just above the $750,000 suburb median, backed by a robust 66/100 ASPIRE Score™. The efficient 69m² layout offers a low-maintenance entry point into this tightly held suburb, where a 1.8% vacancy rate underscores strong rental demand. With an estimated weekly rent of $650, investors can target a solid 4.25% yield while positioning for future capital growth in a market with 28.5% unit growth over five years.
Explore Other Residences
Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
Property Insights
Kensington Investment Blueprint: Grow with $1.15M Apartments
Unlock financial growth with the Kensington Investment Blueprint, your guide to maximizing yields and engineering succes
Kensington Property Buying Blueprint for Smart Investors
Unlock the secrets to smarter property investment in Kensington, NSW. Learn how to minimize stamp duty and optimize lend
Luxury Awaits: Kensington NSW 2033 Apartments
Discover why The Kensington, just 6km from Sydney CBD, offers unparalleled luxury and high rental yields, making it a pr