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Sold on 20 Mar 2024 - Price Unavailable

1/16 Coolabah Drive
Taree NSW 2430

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/16 Coolabah Dr, Taree

1/16 Coolabah Dr, Taree is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Taree in the last 12 months.

Building Type
Unit
Local Government
Mid-Coast
Lot/Plan
1/SP40572

Last Listing description (March 2024)

Positioned in a quiet complex of just 4 villas, we welcome you to explore this spacious and conveniently situated property if you're seeking a smart investment opportunity or something to downsize into. The brick and tile construction blends nicely with the well maintained grounds, creating a serene atmosphere for this ground floor villa. Secure parking is an advantage thanks to the single lock-up garage and there's also a private grassed courtyard to enjoy. If you're on the hunt for a hassle-free addition to your rental portfolio, your search ends here with this set-and-forget investment. Currently boasting a secure lease with an excellent long term tenant set to run until June 2024, ensuring a steady rental income. The property presently yields a solid $340 per week.

The property highlights consist of:

- Conveniently situated 2.3km from the town centre, Hospital, local shops and schools
- A spacious living room at the entrance leading to the kitchen and dining area
- The tidy kitchen offers ample storage space, an upright stove and a breakfast bar
- Two roomy bedrooms with built-in wardrobes for all your storage needs
- A well maintained bathroom with a bathtub, separate shower and separate toilet
- A generous internal laundry area with easy access to the courtyard
- Secure single car garage for parking or storage

This very well-kept villa offers appealing features and an easy to manage layout making it a standout choice in the current market. For more information or to arrange a viewing, please get in touch with Justin Atkins on 0417 955 176 or Kelly Sawyer on 0421 025 081

Approximate Outgoings:
Council, water & sewer rates- $698 per quarter
Strata levies- $700 per quarter

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Property History for 1/16 Coolabah Dr, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
20 Mar 2024
Listed for Rent
$320/w
24 May 2021
  • 17 Jul 2024
    Listed for Sale Not Disclosed
  • 19 Mar 2024
    Sold for $300,000
  • 20 Sep 2023
    Listed for Sale Price Guide $315,000 - $330,000
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About Taree 2430

The size of Taree is approximately 47.8 square kilometres. It has 44 parks covering nearly 5.7% of total area. The population of Taree in 2011 was 15,848 people. By 2016 the population was 16,214 showing a population growth of 2.3% in the area during that time. The predominant age group in Taree is 60-69 years. Households in Taree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Taree work in a professional occupation. In 2011, 59.7% of the homes in Taree were owner-occupied compared with 58.5% in 2016.

Taree has 9,598 properties. Over the last 5 years, Houses in Taree have seen a 58.27% increase in median value, while Units have seen a 40.60% increase. As at 31 October 2024:

  • The median value for Houses in Taree is $460,229 while the median value for Units is $343,340.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 106 properties listed for sale, and 28 properties listed for rent in Taree on OnTheHouse. According to CoreLogic's data, 370 properties were sold in the past 12 months in Taree.

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Justin Atkins
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Kelly Sawyer
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LJ Hooker Taree
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