56 Stephen StreetYarraville VIC 3013
Property Details for 56 Stephen St, Yarraville
56 Stephen St, Yarraville is a 2 bedroom, 1 bathroom Unit with 3 parking spaces. The property has a land size of 493m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2004.
Last Listing description (August 2013)
positive cash flow property $10,350 per year for the next 10 years
Invest in an NRAS property and receive an incentive of $10,350 from the Government???every year for 10 years
This annual incentive is income tax free and indexed annually
The NRAS scheme allows you to build your wealth faster plus:
???it provides more yields than conventional properties, and
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Smart property investors should be making the most of this fantastic wealth-building opportunity by looking for:
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NRAS property will give you:
???great value for money, plus
???positive cashflow
If you are just starting out in property investment, this is an ideal opportunity to begin securing your future. If you already own property, then an NRAS apartment is a fantastic way to easily add to your portfolio.
BUT, there are only a limited number of NRAS properties available to buy so acting fast is key.
Income of $60,000 per annum, after depreciation and allowances plus tax saving, this property will generate you $6,717.00 per annum.
contact martin 0424 002 511 today for a no obligation Personal Investments Analysis consultation
Property History for 56 Stephen St, Yarraville, VIC 3013
- 31 Aug 2013Listed for Sale Not Disclosed
- 13 May 2004Sold for $533,000
- 04 Mar 2004Listed for Sale Not Disclosed
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0About Yarraville 3013
The size of Yarraville is approximately 5.7 square kilometres. It has 19 parks covering nearly 13.7% of total area. The population of Yarraville in 2011 was 13,747 people. By 2016 the population was 14,989 showing a population growth of 9.0% in the area during that time. The predominant age group in Yarraville is 30-39 years. Households in Yarraville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yarraville work in a professional occupation. In 2011, 66% of the homes in Yarraville were owner-occupied compared with 64.7% in 2016.
Yarraville has 8,525 properties. Over the last 5 years, Houses in Yarraville have seen a 9.88% increase in median value, while Units have seen a 0.40% increase. As at 30 November 2024:
- The median value for Houses in Yarraville is $1,183,537 while the median value for Units is $644,398.
- Houses have a median rent of $670 while Units have a median rent of $550.
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