SOLD
Sold on 08 Aug 2024 for $500,000

12 Magnolia Crescent
Taree NSW 2430

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 136m2
Land area: 1112m2
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Property Details for 12 Magnolia Cres, Taree

12 Magnolia Cres, Taree is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 1112m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Taree in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
136m2
Land Size
1112m2
Local Government
Mid-Coast
Lot/Plan
34/DP255815

Last Listing description (November 2020)

This property sits on an approx 1112 m2 block of land and backs onto reserve, it would make an ideal first home, renovator or for the savvy investor.

The property has been a long term rental and has served it's purpose, potential rental income of $340 -$360 per week makes this a must to inspect.

The property features -

3 Bedrooms, one bathroom, updated kitchen and a huge rear yard with access for the caravan or toys.

Book your inspection today by calling our office on 6553 7700

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Property History for 12 Magnolia Cres, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$500,000
08 Aug 2024
Listed for Rent
12 Apr 2019
  • 08 Aug 2024
    Sold for $500,000
  • 30 Apr 2020
    Sold for $285,000
  • 31 Mar 2020
    Sold
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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 9,537 properties. Over the last 5 years, Houses in Taree have seen a 60.22% increase in median value, while Units have seen a 41.87% increase. As at 31 August 2024:

  • The median value for Houses in Taree is $476,444 while the median value for Units is $346,653.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 91 properties listed for sale, and 28 properties listed for rent in Taree on OnTheHouse. According to CoreLogic's data, 394 properties were sold in the past 12 months in Taree.

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