221 William St, Yagoona is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1626m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Located just 600 metres from Yagoona's train station, this large parcel of land is waiting to yield strong returns for the savvy investor and healthy profits for the sharky developer. The site on offer recently became a high density residential zone (R4), which (subject to council's approval) will allow the development of units on the block. The lot has been fenced into two portions, the front including a three bedroom home currently being rented out (expired lease) and the rear being empty land plus a storage shed. Centred around transport, schools, shops and amenities, this is a rare opportunity for you to secure a high yield investment in the Yagoona postcode.
The size of Yagoona is approximately 4.6 square kilometres. It has 23 parks covering nearly 8.3% of total area. The population of Yagoona in 2011 was 16,003 people. By 2016 the population was 18,017 showing a population growth of 12.6% 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 2011, 66.5% of the homes in Yagoona were owner-occupied compared with 61% in 2016.
Yagoona has 6,978 properties. Over the last 5 years, Houses in Yagoona have seen a 69.24% increase in median value, while Units have seen a 18.98% increase. As at 31 October 2024:
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