Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C609
Level 6
Prime 2 Bed Residences
Mason Residences — Unit C609 | 3B/2B/2C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
55ASPIRE
$1,455,000
2.3% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
128m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$1,455,000
NSW Stamp Duty
$62,435
Est. Weekly Rent
$650/wk
Gross Yield
2.32%
Year 1 After-Tax Cashflow
$-14,926
Est. Mortgage (80% LVR)
$1643/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 Score™ of 55/100, this 3 bedroom apartment in Melrose Park presents a strategic entry into a high-growth market where unit values have risen 28.5% over five years. The expansive 128m² floorplan offers a rarely available 3 bed, 2 bath, 2 car configuration, perfect for capitalising on strong family rental demand. Despite an estimated initial cashflow of -$14,926, the $1,455,000 price point positions you in a suburb with proven capital growth, targeting a tenant demographic willing to pay a premium for spacious, modern accommodation.
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Melrose Park Suburb Profile
2114 · Median $750K
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