OFF MARKET

172 Newtown Road
Bega NSW 2550

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 814m2
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Last updated 18 Nov 2024
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Property Details for 172 Newtown Rd, Bega

172 Newtown Rd, Bega is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 814m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Floor Size
112m2
Land Size
814m2
Local Government
Bega Valley
Lot/Plan
8/DP35633

Last Listing description (February 2023)

From first timers to downsizers or even investors, there will be no shortage of buyers eager to get their hands on this low-maintenance residential property.

The simple yet functional floorplan is set over one level, offering 3 bedrooms plus an office/sunroom adjoining a practical kitchen/dining area with a separate lounge room.

With a tenant currently in place until December this year returning $340 p/w, the choice is yours whether you keep this home for yourself or continue to invest.

This is an outstanding opportunity to purchase a fantastic property close to the centre of town with schools, cafes, TAFE and the Wollongong university and an ever expanding CBD all at your fingertips, this property won't last long.

In a tightly held market, property in this price range is not often seen. Don't delay an inspection. Genuine vendors, genuine price.

Property History for 172 Newtown Rd, Bega, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$410,000
20 Dec 2021
Listed for Rent
$340/w
06 Dec 2019
  • 20 Dec 2021
    Sold for $410,000
  • 06 Dec 2021
    Listed for Sale $396,000
  • 09 Sep 2019
    Listed for Rent $340 / week
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About Bega 2550

The size of Bega is approximately 31.4 square kilometres. It has 19 parks covering nearly 2.6% of total area. The population of Bega in 2011 was 4,756 people. By 2016 the population was 4,674 showing a population decline of 1.7% in the area during that time. The predominant age group in Bega is 50-59 years. Households in Bega are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bega work in a labourer occupation. In 2011, 66.6% of the homes in Bega were owner-occupied compared with 61.7% in 2016.

Bega has 2,963 properties. Over the last 5 years, Houses in Bega have seen a 62.96% increase in median value, while Units have seen a 134.95% increase. As at 31 October 2024:

  • The median value for Houses in Bega is $588,062 while the median value for Units is $532,122.
  • Houses have a median rent of $525 while Units have a median rent of $340.
There are currently 61 properties listed for sale, and 14 properties listed for rent in Bega on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Bega.

Suburb Insights for Bega 2550

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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.