21-23 Rookwood RoadYagoona NSW 2199
Property Details for 21-23 Rookwood Rd, Yagoona
Last Listing description (November 2018)
This is a rare investment opportunity. It is under the National Rental Affordability Scheme (NRAS) which is funded by both the state and federal governments. Based on 80% financing, this apartment on average puts around $105 a week into your pocket on top of the tax relief from the ATO through negative gearing. The renters, state/federal governments and the ATO help paying the interests for you. So sit back, relax and enjoy the capital appreciation.
Benefits of NRAS to investors include:
Tax free cash incentives of $11,192.13 (2018/19)
Boosted negative gearing as cash incentives are tax exempt
Features:
* Total area 127 sqm
* Spacious 2 bedrooms with built-in wardrobes
* U shaped gas cooking kitchen with stone bench top and dishwasher
* Air conditioned
* Modern bathroom, internal laundry
* Good size sundrenched balcony with North East facing
* Located on the middle floor
* Secure parking with lock up storage
Nearby amenities include:
* Bankstown North Public School approx. 450m
* ALDI approx. 1.1km
* Bankstown TAFE approx. 800m
* Bankstown shopping central approx. 1.6km
* Yagoona station approx. 1.8km
Key figures (approx. only)
Council rate: $245 quarterly
Water rate: $174 quarterly
Strata: $645 quarterly
Gross Income: $30328 yearly
Gross rental yield: 5.7%
Please contact Winson on 0420 902 168 for an inspection.
Property History for 21-23 Rookwood Rd, Yagoona, NSW 2199
- 25 Jan 2020Listed for Rent - Price not available
- 17 Oct 2018Listed for Sale $529,000
- 19 Sep 2018Listed for Sale $559000
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About Yagoona 2199
The size of Yagoona is approximately 4.6 square kilometres. There are 23 parks, covering nearly 8.3% of the total area. The population of Yagoona in 2016 was 18013 people. By 2021 the population was 19651 showing a population growth of 9.1% in the area during that time. The predominant age group in Yagoona is 0-9 years. Households in Yagoona are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yagoona work in a professional occupation.In 2021, 58.10% of the homes in Yagoona were owner-occupied compared with 61.00% in 2016.
Yagoona has 7,173 properties. Over the last 5 years, Houses in Yagoona have seen a 38.55% increase in median value, while Units have seen a 17.09% increase. As at 31 July 2026:
- The median value for Houses in Yagoona is $1,399,516 while the median value for Units is $647,770.
- Houses have a median rent of $830 while Units have a median rent of $630.
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