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Residence
Unit C516
Level 5
Prime 2 Bed Residences
Mason Residences — Unit C516 | 2B/2B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
61ASPIRE
$990,000
3.4% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
96m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$990,000
NSW Stamp Duty
$39,080
Est. Weekly Rent
$650/wk
Gross Yield
3.41%
Year 1 After-Tax Cashflow
$-4,721
Est. Mortgage (80% LVR)
$1118/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 $990,000, well above the $750,000 suburb median, this apartment presents a premium positioning. The functional two-bedroom, two-bathroom floorplan accommodates family or professional tenants, supported by Melrose Park’s strong 4.5% rental yield and 28.5% five-year growth. An investor-ready ASPIRE Score™ of 61/100 indicates solid fundamentals, with the $650 weekly rent translating to a 3.41% yield in a market with a tight 1.8% vacancy rate.
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Melrose Park Suburb Profile
2114 · Median $750K
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