4/29 Florence StreetTaree NSW 2430
Property Details for 4/29 Florence St, Taree
4/29 Florence St, Taree is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 1012m2 and floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Last Listing description (February 2017)
On offer is a fantastic opportunity to secure a portfolio of 4 bedsitter apartments in the central Florence St, Taree providing excellent cash flow.
An ideally located unit block just a short walk to the Taree CBD, 2 shopping centres, the Manning River and local hospital and medical centres. Across the road is a great public park and recreational oval.
These studio apartments currently return $660 pw with strong potential for capital growth and rental income.
Do not miss this opportunity to acquire this affordable investment opportunity.
Property History for 4/29 Florence St, Taree, NSW 2430
- 02 Feb 2017Sold for $330,000
- 07 Oct 2016Listed for Sale $99,000
- 20 Nov 2015Listed for Rent $150 / week
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0About 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.
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