Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2403
Level 24
Waterfront Living Secured Residences
Rhodes — Unit 2403 | 2B/2B/1C
1 Marquet St Rhodes NSW 2138 · Rhodes, NSW 2138
66ASPIRE
$1,360,000
2.6% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
93m²
Total Area
Aspect: Building R
Financial Analysis
Purchase Price
$1,360,000
NSW Stamp Duty
$57,210
Est. Weekly Rent
$680/wk
Gross Yield
2.60%
Year 1 After-Tax Cashflow
$-11,927
Est. Mortgage (80% LVR)
$1536/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 $1,360,000, this high-floor 2 bedroom apartment Rhodes investment presents a strategic entry into a suburb where unit values have surged 12.5% in just one year. Level 24 offers commanding district views from a dual-aspect floorplan, delivering a premium lifestyle with a $680/week rental income stream backed by the area's tight 1.8% vacancy rate. With a solid ASPIRE Score™ of 66/100 reflecting Rhodes's 75/100 growth potential, the estimated first-year cashflow position of -$11,927 is a calculated trade-off for significant capital growth exposure in this tightly held waterfront precinct.
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Related Insights
Rhodes Suburb Profile
2138 · Median $850K
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Quick Summary
Property Typeproject
Level24
AspectBuilding R
Deposit (20%)$272,000
Loan Amount$1,088,000
Development Features
**FEATURE HIGHLIGHTS**
• **Secure your waterfront lifestyle** from $835
000 in Rhodes Peninsula — Sydney's fastest-growing connected community with 12 minutes to CBD via direct train access
• **Move in sooner** with construction already commenced by iCIRT-rated developer Deicorp
eliminating typical project delays and uncertainty
• **Walk everywhere that matters** — 2 minutes to Rhodes Train Station
direct connection to Rhodes Central shopping
and waterfront dining at Rhodes Waterside
• **Enjoy premium finishes** in meticulously designed 1-bedroom apartments featuring quality fixtures
spacious layouts
and expansive city/district views
• **Relax in your private resort** with exclusive resident-only podium garden offering open lawns
communal BBQs