SOLD
RECENT ADVICE
Sold on 29 Jan 2024 for $385,000

12 Commerce Street
Taree NSW 2430

Bedrooms: 1
Bathrooms: 1
Car spaces: 8
Floor area: 645m2
Land area: 645m2
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Property Details for 12 Commerce St, Taree

12 Commerce St, Taree is a 1 bedroom, 1 bathroom Other with 8 parking spaces. The property has a land size of 645m2 and floor size of 645m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Other sold in Taree in the last 12 months.

Building Type
Other
Floor Size
645m2
Land Size
645m2
Local Government
Mid-Coast
Lot/Plan
36/DP386143

Last Listing description (January 2024)

Discover an exceptional opportunity at 12 Commerce Street in Taree. This prime property boasts a prominent street-front presence, benefiting from high visibility with thousands of daily commuters passing by. It not only offers convenient street access but also features rear parking, enhancing its desirability.

• Previously approved DA second-storey residence (now lapsed)
• Approximately 645m2 block of land

• A 12-month lease option would be desirable for the current operating business @ $485pw
• Operating as a well-established radiator and licensed workshop for over 50 years

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Property History for 12 Commerce St, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$385,000
29 Jan 2024
  • 12 Jan 2024
    Sold for $385,000
  • 23 Oct 2023
    Listed for Sale $380,000 plus GST
  • 25 Oct 2021
    Listed for Sale $385,000
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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 9,592 properties. Over the last 5 years, Houses in Taree have seen a 62.82% increase in median value, while Units have seen a 38.13% increase. As at 30 September 2024:

  • The median value for Houses in Taree is $462,320 while the median value for Units is $342,987.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 108 properties listed for sale, and 26 properties listed for rent in Taree on OnTheHouse. According to CoreLogic's data, 373 properties were sold in the past 12 months in Taree.

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