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Sold on 09 Feb 2024 for $390,000

32 Commerce Street
Taree NSW 2430

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 670m2
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Property Details for 32 Commerce St, Taree

32 Commerce St, Taree is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 670m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Taree in the last 12 months.

Building Type
House
Land Size
670m2

Last Listing description (February 2024)

This unique property, a timber and tile home situated on a spacious 670sqm corner block, is now available for the first time in years.

Originally designed to serve as a veterinary clinic, this versatile building then changed to an upholsterer's workshop and office. With numerous rooms and offices, it's currently configured as a spacious 2-bedroom open-plan living residence along with consult rooms and offices.

Featuring generously sized rooms, the combined dining, living, and kitchen area is perfect for hosting large family gatherings. The property boasts 2 bathrooms, an outside toilet, and a separate laundry.

Given its veterinary past, water is plumbed to several rooms, offering potential for various uses. Additionally, a large double garage with storage space and approximately 170 sqm of rear concrete space make it ideal for a carpark or minimizing maintenance on the block.

While the home could benefit from a significant renovation, its prime location in the heart of Taree CBD makes it a promising investment. Enjoy proximity to shopping, the hospital, medical amenities, schools, the Manning River, and recreational areas.

Seize the chance to create your dream home or capitalize on a lucrative rental investment in this central Taree gem.

Property History for 32 Commerce St, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$390,000
09 Feb 2024
  • 09 Feb 2024
    Sold for $390,000
  • 06 Dec 2023
    Listed for Sale Not Disclosed
  • 19 Nov 2002
    Sold for $130,000
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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 9,603 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 105 properties listed for sale, and 32 properties listed for rent in Taree on OnTheHouse. According to CoreLogic's data, 375 properties were sold in the past 12 months in Taree.

Suburb Insights for Taree 2430

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Allan Edwards
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Kayne Tisdell
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Manning Valley Property & Livestock
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.