What is the price of Unit C909 at Mason Residences?

Unit C909 is priced at $1,485,000.

What is the rental yield for this apartment in Melrose Park?

The estimated gross rental yield for Unit C909 is 2.3%.

How does Melrose Park perform in terms of unit price growth?

Melrose Park units have seen a 28.5% price growth over the past five years.

What lifestyle amenities are available in Melrose Park?

Melrose Park offers parks, quality schools, shopping, and strong transport links, fostering a family-friendly lifestyle.

Is Unit C909 suitable for families or professionals?

With 3 bedrooms, 2 bathrooms, and 2 car spaces, Unit C909 is well-suited to families or professionals seeking space and convenience.

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Residence

Unit C909

Level 9

Prime 2 Bed Residences

Name: Unit C909 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1485000 AUD
Availability: InStock

Mason Residences — Unit C909 | 3B/2B/2C

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

55ASPIRE

$1,485,000

2.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Spaces

128m²

Total Area

Aspect: Building C

Financial Analysis

Purchase Price

$1,485,000

NSW Stamp Duty

$64,085

Est. Weekly Rent

$650/wk

Gross Yield

2.28%

Year 1 After-Tax Cashflow

$-15,585

Est. Mortgage (80% LVR)

$1677/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 Intelligence™ Score of 55/100, this $1,485,000 opportunity requires a strategic, long-term view aligned with Melrose Park's proven 28.5% five-year unit growth. This spacious 128 sqm, three-bedroom residence on level nine offers a substantial family-sized footprint, capitalising on the suburb's high median income of $85,000 and strong community appeal. Investors should note the estimated first-year cashflow of -$15,585, positioning this for capital growth over immediate yield, supported by the suburb's tight 1.8% vacancy rate ensuring strong tenant demand for quality three-bedroom apartments in Melrose Park.