OFF MARKET

283 Newtown Road
Bega NSW 2550

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 107m2
Land area: 770m2
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Property Details for 283 Newtown Rd, Bega

283 Newtown Rd, Bega is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 770m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
1990
Floor Size
107m2
Land Size
770m2
Local Government
Bega Valley
Lot/Plan
2/DP738731

Last Listing description (April 2020)

L6251. Located on the edge of Bega, with only a short few minutes' drive to the town centre, the hospital, shopping centre, cafes, and all the facilities of the rural hub at hand. This home is made for easy care living at its best.

Featuring:
- Brick and Tile construction

- 3 bedrooms with good built in robes
- An open planned lounge with wood combustion fire, good sized kitchen with open benches and dining room
- Neat 3-way bathroom
- Good sized laundry
- Rear deck that overlooks the hills of Bega
- Carport and garden shedding and extra storage under the home if required, with a level backyard.
- Situated on a 759sqm (approx.) block

This is a solid home for the astute investors with potential rent return of around $340p/w or suitable for a first home owner and families alike.

With interest rates at an all-time low, inspect without delay to get into the housing market.

Property History for 283 Newtown Rd, Bega, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$354,000
28 Feb 2020
  • 28 Feb 2020
    Sold for $354,000
  • 03 Jul 2019
    Listed for Sale $377,000
  • 11 Mar 2009
    Sold for $235,000
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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 60 properties listed for sale, and 15 properties listed for rent in Bega on OnTheHouse. According to CoreLogic's data, 126 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.