17 Pitt St, Taree is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 828m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
With the development of the Figtree precinct and Riverwalk well underway, Pitt St is set to become high value real estate.
This cottage represents a great place to start a real estate portfolio in an area where values will only go one direction.
The charm of the original build is reflected in the hardwood timber floors, skirting boards and architraves. While the home is in need of some TLC both inside and out, some work will definitely yield great results either in capital yield or rental return.
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 9,599 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:
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