OFF MARKET

8 Swan Street
Bega NSW 2550

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 88m2
Land area: 542m2
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Last updated 4 Nov 2024
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Property Details for 8 Swan St, Bega

8 Swan St, Bega is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 542m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2007.

Building Type
House
Floor Size
88m2
Land Size
542m2
Local Government
Bega Valley
Lot/Plan
15/DP18124

Last Listing description (March 2024)

Located in the center of Bega just off the main street this small home is currently tenanted by a local building firm as their office base and storage area.

The property is well presented and maintained and would suit either an investor looking for property that will return from day one or an owner occupier who is willing to wait for the current lease to expire.

The current lessee has set the property with a reception area at the front; an open planned workspace, two separate offices, a bathroom, kitchenette and common break-room area. A large shed and good parking at the rear of the property are well utilized.

Current lease is in place until 30 June 2025 with a further 2 year option in the tenants favor.

Inspections are by appointment, please call to arrange an inspection.

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Property History for 8 Swan St, Bega, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$187,000
20 Nov 2007
  • 01 Mar 2022
    Listed for Sale $549,000
  • 20 Nov 2007
    Sold for $187,000

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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 2,961 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 56 properties listed for sale, and 13 properties listed for rent in Bega on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Bega.

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