OFF MARKET

4/116 Albert Street
Taree NSW 2430

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 126m2
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Property Details for 4/116 Albert St, Taree

4/116 Albert St, Taree is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 126m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1985
Floor Size
90m2
Land Size
126m2
Local Government
Mid-Coast
Lot/Plan
5/SP43561

Last Listing description (October 2023)

We are delighted to present this superbly situated ground floor villa, offering both compactness and convenience in Taree West. An eye catching brick and tile construction sees this villa exceptionally appointed within the quiet complex.

Positioned at the desirable end of Taree West's CBD, this property provides easy access to various amenities including the Manning Hospital, Manning River and all the conveniences of town. Its location makes it an excellent investment opportunity for those seeking a hassle free income generator. Currently leased to a reliable long term tenant until April 2024, generating $275 per week (Increasing to $300 per week in June 2023).

Key features include:

- The combined lounge and dining room are equipped with reverse cycle air conditioning for your comfort
- A well designed kitchen seamlessly serves the dining area and features an upright stove, ample storage and a return bench for food preparation
- Two bedrooms with the main room offering plenty of storage from the built-in wardrobe
- The bathroom includes a bathtub, shower, vanity and a conveniently located separate toilet
- Enjoy a quiet and private paved courtyard
- The villa includes a single lockup garage with secure internal access
- Located just 700m from the Manning Base Hospital, 650m from Aldi Supermarket and less than 1km from the CBD's shopping centres and cafes
- Affordable living costs with a strata levy of only $377.50 per quarter (approx.)

Discover the charm of this tidy, appealing and low maintenance ground floor villa in an exceptional location. For further details, please contact Justin Atkins at 0417 955 176 or Kelly Sawyer at 0421 025 081.

* Approximate Outgoings
- Council $335 per quarter
- Water $342.15 per quarter
- Strata $377.50 per quarter

Property History for 4/116 Albert St, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$322,500
10 Aug 2023
Listed for Rent
$250/w
08 Jan 2020
  • 10 Aug 2023
    Sold for $322,500
  • 11 May 2023
    Listed for Sale Price Guide $320,000-$350,000
  • 30 Dec 2019
    Listed for Rent $250 / week
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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 9,601 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 97 properties listed for sale, and 33 properties listed for rent in Taree on OnTheHouse. According to CoreLogic's data, 364 properties were sold in the past 12 months in Taree.

Suburb Insights for Taree 2430

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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.