SOLD
Sold on 23 May 2024 for $480,000

25/21-23 Rookwood Road
Yagoona NSW 2199

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 122m2
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Property Details for 25/21-23 Rookwood Rd, Yagoona

25/21-23 Rookwood Rd, Yagoona is a 2 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Yagoona in the last 12 months.

Building Type
Unit
Year Built
2014
Land Size
122m2
Local Government
Canterbury-Bankstown
Lot/Plan
25/SP87830

Last Listing description (June 2024)

Seize the chance to build a steady stream of income with this exceptional cash flow investment property. This property promises reliable returns without compromising on quality.

- Positive Cash Flow: With monthly rental income exceeding operating expenses, you'll enjoy a surplus of funds that can be reinvested or pocketed as passive income.

- Market Demand: Benefit from a strong rental market demand, ensuring minimal vacancy periods and maximizing your cash flow potential.

- Long-Term Stability: Focus on consistent, long-term rentals with reliable tenants who value stability, minimizing turnover costs and securing your cash flow.

Features:

* 1.4km to Yagoona Station
* 2.0km to Bankstown CBD
* 2 Generous sized bedrooms
* Spacious living and large balcony
* Air-conditioning, intercom
* Secure basement parking and storage

Property is under leasing till the end of 2024, rent is $564/week

This is truly a rare opportunity and don't come along often! Contact Sabrina Wang 0410 701 687 or Noah Xiong 0426 871 030 for more information or to submit your offer today!

Property History for 25/21-23 Rookwood Rd, Yagoona, NSW 2199

A timeline of how this property has performed in the market
Last Sold
$480,000
23 May 2024
  • 23 May 2024
    Sold for $480,000
  • 31 Jan 2024
    Listed for Sale $480,000
  • 21 Oct 2023
    Listed for Sale $480,000
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About Yagoona 2199

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 6,979 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:

  • The median value for Houses in Yagoona is $1,306,024 while the median value for Units is $606,322.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 18 properties listed for sale, and 27 properties listed for rent in Yagoona on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Yagoona.

Suburb Insights for Yagoona 2199

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.