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Sold on 05 Oct 2023 for $340,000

7 Tarakan Avenue
Muswellbrook NSW 2333

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 588.1m2
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Property Details for 7 Tarakan Ave, Muswellbrook

7 Tarakan Ave, Muswellbrook is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 588.1m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Muswellbrook in the last 12 months.

Building Type
House
Land Size
588.1m2
Local Government
Muswellbrook
Lot/Plan
140/DP237872

Last Listing description (October 2023)

This solid brick home is a very good investment, currently leased at $310 a week. It has 3 good size bedrooms. There are 2 living areas, one with R/C air and the other lounge featuring a combustion fire. The kitchen is big and in very good condition. There is an electric stove and plenty of cupboard space. The bathroom is also in good condition. The yard has a double carport and plenty of room for kids to play. This is a simple set and forget investment with the potential to increase the rent significantly once the current lease expires.

Property History for 7 Tarakan Ave, Muswellbrook, NSW 2333

A timeline of how this property has performed in the market
Last Sold
$340,000
05 Oct 2023
Listed for Rent
$310/w
22 Mar 2023
  • 05 Oct 2023
    Sold for $340,000
  • 05 May 2023
    Listed for Sale $349,000
  • 06 Mar 2023
    Listed for Rent $310 / week
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About Muswellbrook 2333

The size of Muswellbrook is approximately 262.4 square kilometres. It has 29 parks covering nearly 0.9% of total area. The population of Muswellbrook in 2011 was 11,790 people. By 2016 the population was 12,088 showing a population growth of 2.5% in the area during that time. The predominant age group in Muswellbrook is 0-9 years. Households in Muswellbrook are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Muswellbrook work in a trades occupation. In 2011, 59.3% of the homes in Muswellbrook were owner-occupied compared with 54.4% in 2016.

Muswellbrook has 6,941 properties. Over the last 5 years, Houses in Muswellbrook have seen a 91.86% increase in median value, while Units have seen a 40.15% increase. As at 31 July 2024:

  • The median value for Houses in Muswellbrook is $486,760 while the median value for Units is $277,474.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 92 properties listed for sale, and 32 properties listed for rent in Muswellbrook on OnTheHouse. According to CoreLogic's data, 407 properties were sold in the past 12 months in Muswellbrook.

Suburb Insights for Muswellbrook 2333

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Contact agent
Jay Shepherdson
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Fin Jts Realty
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JTS Realty
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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.