OFF MARKET

5/68 Upper Street
Bega NSW 2550

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 3087m2
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Property Details for 5/68 Upper St, Bega

5/68 Upper St, Bega is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 3087m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1988
Floor Size
74m2
Land Size
3087m2
Local Government
Bega Valley
Lot/Plan
5/SP33028

Last Listing description (February 2023)

The strongest investment market in over 20 years, with rental demand at an all-time high, this well-maintained standalone unit represents incredible value.
2 bedrooms with a single lock up garage and a short easy level walk to the town centre, it is hard to go past this investment whether it be your first investment or adding to a current portfolio. With strong demand for rental properties, an investment like this will have a number of quality tenants available . Don't delay.

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Property History for 5/68 Upper St, Bega, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$350,000
08 Apr 2022
Listed for Rent
$280/w
10 Oct 2017
  • 08 Apr 2022
    Sold for $350,000
  • 18 Jun 2021
    Listed for Sale $390,000
  • 06 Oct 2017
    Listed for Rent - Price not available
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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 2,965 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 13 properties listed for rent in Bega on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Bega.

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