34 Palanas Dr, Taree is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 618m2 and floor size of 93m2. 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.
A fantastic opportunity to get into the property market with this 3 Bedroom brick and tile home.
This property is certainly worth an inspection with a generous-sized living space completed with air con and a wood fire. The home has been freshly painted throughout, with new floor coverings and quality carpet and vinyl boards.
The home has a single lock-up garage and a carport out front, plus an excellent size yard with a large garden shed out back and a huge covered entertainment area.
This was the original family home than a rental for the vendors. It is perfect for the investor with all the work done and ready-to-lease with an estimated rental return of $450/$460 per week.
New to Market
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 58.27% increase in median value, while Units have seen a 40.60% increase. As at 31 October 2024:
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