What is the price of Unit C913 at Mason Residences?

Unit C913 at Mason Residences is priced at $709,000, below the suburb median.

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

The estimated gross yield for Unit C913 is 4.8%, with a weekly rent of $650.

How does Unit C913 compare to the Melrose Park median unit price?

At $709,000, Unit C913 is priced below the Melrose Park median unit price of $750,000.

Is Melrose Park a good suburb for first home buyers?

Melrose Park offers strong growth, good amenities, and affordability, making it appealing for first home buyers.

What are the main lifestyle benefits of living in Melrose Park?

Residents enjoy parks, community facilities, quality schools, and excellent transport links to the CBD.

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Residence

Unit C913

Level 9

Prime 2 Bed Residences

Name: Unit C913 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 709000 AUD
Availability: InStock

Mason Residences — Unit C913 | 1B/1B/1C

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

70ASPIRE

$709,000

4.8% gross yield

Residence Configuration

Bedroom

Bathroom

Car Space

60m²

Total Area

Aspect: Building C

Financial Analysis

Purchase Price

$709,000

NSW Stamp Duty

$26,435

Est. Weekly Rent

$650/wk

Gross Yield

4.77%

Year 1 After-Tax Cashflow

+$1,447

Est. Mortgage (80% LVR)

$801/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

This 1 bedroom apartment in Melrose Park presents a compelling entry point priced at $709,000, notably below the $750,000 suburb median, and is engineered for positive cash flow from day one. The North-facing aspect in Building C offers a bright and private living space, perfectly positioned for professionals seeking connectivity and low-maintenance lifestyle. With a robust ASPIRE Score of 70/100, the property’s estimated $1,447 first-year after-tax cashflow and strong $650/week rental demand underscore its investment-grade credentials.