What is the price of Unit C915 at Mason Residences, Melrose Park?

Unit C915 is priced at $1,015,000, which is $265,000 below the current suburb median for new apartments.

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

The estimated gross rental yield for Unit C915 is 3.3%, with an expected rent of $650 per week.

How does Melrose Park compare for first home buyers and families?

Melrose Park offers strong community amenities, good transport, quality schools, and steady property growth, making it attractive for first home buyers and families.

What level and aspect does Unit C915 offer?

Unit C915 is located on level 9 of Building C, offering elevated district views and abundant natural light.

What is the ASPIRE Intelligence Score for this property?

Unit C915 has an ASPIRE Intelligence Score of 61 out of 100, indicating a balanced mix of liveability and investment potential.

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Residence

Unit C915

Level 9

Prime 2 Bed Residences

Name: Unit C915 — Prime 2 Bed Residences
Brand: Ding Real Estate
Price: 1015000 AUD
Availability: InStock

Mason Residences — Unit C915 | 2B/2B/1C

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

61ASPIRE

$1,015,000

3.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

94m²

Total Area

Aspect: Building C

Financial Analysis

Purchase Price

$1,015,000

NSW Stamp Duty

$40,205

Est. Weekly Rent

$650/wk

Gross Yield

3.33%

Year 1 After-Tax Cashflow

$-5,269

Est. Mortgage (80% LVR)

$1146/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 a purchase price of $1,015,000 presenting a discernible $265,000 opportunity under the current suburb median, this Prime Project 2 bed, 2 bath apartment offers a modern configuration designed for low-maintenance living. Its elevated 9th-floor position in Building C ensures a light-filled, private atmosphere, aligning with the suburb's strong family and investor appeal. Despite a first-year cashflow estimate of -$5,269, its competitive entry point and the suburb's robust 28.5% five-year unit growth trajectory underpin the asset's strategic value, as reflected in its 61/100 ASPIRE Score™.