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Residence
Unit C716
Level 7
Prime 2 Bed Residences
Mason Residences — Unit C716 | 1B/1B/1C
33 Hope St Melrose Park NSW 2114 · Melrose Park, NSW 2114
66ASPIRE
$795,000
4.3% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
1
Car Space
69m²
Total Area
Aspect: Building C
Financial Analysis
Purchase Price
$795,000
NSW Stamp Duty
$30,305
Est. Weekly Rent
$650/wk
Gross Yield
4.25%
Year 1 After-Tax Cashflow
$-441
Est. Mortgage (80% LVR)
$898/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 $795,000, this investment-grade 1 bedroom apartment Melrose Park opportunity enters the market just above the $750,000 suburb median, backed by a robust 66/100 ASPIRE Score™. The efficient 69m² layout offers a low-maintenance entry point into this tightly held suburb, where a 1.8% vacancy rate underscores strong rental demand. With an estimated weekly rent of $650, investors can target a solid 4.25% yield while positioning for future capital growth in a market with 28.5% unit growth over five years.
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Related Insights
Melrose Park Suburb Profile
2114 · Median $750K
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