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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit C915
Level 9
Prime 2 Bed Residences
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
2
Bedrooms
2
Bathrooms
1
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™.
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Melrose Park Suburb Profile
2114 · Median $750K
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