1/16 Spence StreetTaree NSW 2430
Property Details for 1/16 Spence St, Taree
1/16 Spence St, Taree is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1982. The property has a land size of 3172m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (November 2023)
With great pleasure, we introduce to the market 16/1 Spence Street - An ideal opportunity for downsizers, first home buyers or investors looking to secure a conveniently positioned villa in the sought after Taree West neighbourhood.
Start your day off from the nearby Jack & Co. Coffee Shop and simply stroll to the butcher and mini supermarket for all your lunch and dinner needs - all a mere 200m away from this residence. With the hospital and Aldi Supermarket within 1km, it's a challenge to find a villa that can rival this one in terms of both location and affordability.
The key features of the villa include:
- Upon entry you're welcomed by an expansive ambiance within the living and dining spaces, characterized by captivating raked ceilings
- A promising return on investment with an estimated rental income of $320 per week
- Two bedrooms including a master suite featuring a built-in wardrobe for storage
- Offering ceiling fans and air-conditioning providing optimal comfort throughout the seasons
- An extra study/additional living space that seamlessly connects to the garage and a generously sized courtyard
- Bathroom with the added convenience of a separate toilet
- An orderly original kitchen with freestanding oven and good storage space
- Secure your vehicle or belongings with the convenience of the single lock-up garage
- The property boasts an appealing facade with a tidy brick exterior and tile roof
- For recreational enthusiasts, local sports fields and tennis courts are just 290m away
With an array of appealing features including a well-connected lifestyle to local amenities, a promising rental income and a thoughtful layout, this villa encapsulates both comfort and value, making it a standout choice in both location and affordability. For further information or to arrange your viewing of this value-packed villa, please get in touch with Justin Atkins on 0417 955 176 or Kelly Sawyer on 0421 025 081.
Approximate Outgoings:
Council rates- $337 per quarter
Water rates- $342 per quarter
Strata levies- $730.75 per quarter
Property History for 1/16 Spence St, Taree, NSW 2430
- 29 Sep 2023Sold for $290,000
- 17 Aug 2023Listed for Sale Price Guide $299,000 - $319,000
- 03 Feb 2017Sold for $180,000
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0About 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 9,604 properties. Over the last 5 years, Houses in Taree have seen a 60.12% increase in median value, while Units have seen a 42.66% increase. As at 31 December 2024:
- The median value for Houses in Taree is $458,612 while the median value for Units is $345,109.
- Houses have a median rent of $460 while Units have a median rent of $360.
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