OFF MARKET

5/29 Florence Street
Taree NSW 2430

Bedrooms: 1
Bathrooms: 1
Car spaces: 5
Floor area: 57m2
Land area: 1012m2
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Property Details for 5/29 Florence St, Taree

5/29 Florence St, Taree is a 1 bedroom, 1 bathroom Unit with 5 parking spaces and was built in 1976. The property has a land size of 1012m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in September 2009.

Building Type
Unit
Year Built
1976
Floor Size
57m2
Land Size
1012m2
Local Government
Mid-Coast
Lot/Plan
5/SP40537

Last Listing description (November 2016)

ON OFFER IS A FANTASTIC OPPORTUNITY TO SECURE A PORTFOLIO OF 5 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 $775 PW WITH STRONG POTENTIAL FOR CAPITAL GROWTH AND RENTAL INCOME.29 FLORENCE ST IS A GREAT LOW MAINTENANCE INVESTMENT TO STRENGTHEN YOUR CURRENT PORTFOLIO OR AN ENVIABLE OPPORTUNITY TO COMMENCE YOUR INVESTMENT FUTURE.DO NOT MISS THIS OPPORTUNITY TO ACQUIRE THIS AFFORDABLE INVESTMENT OPPORTUNITY... THE VENDOR IS HAPPY TO CONSIDER ALL OFFERS PRIOR TO AUCTION.

Property History for 5/29 Florence St, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$74,000
18 Sep 2009
Listed for Rent
$125/w
12 Oct 2012
  • 17 Nov 2016
    Listed for Sale AUCTION
  • 04 Sep 2012
    Listed for Rent - Price not available
  • 29 Jan 2011
    Listed for Rent - Price not available
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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 9,598 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 106 properties listed for sale, and 28 properties listed for rent in Taree on OnTheHouse. According to CoreLogic's data, 370 properties were sold in the past 12 months in Taree.

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