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Sold on 03 Apr 2024 for $320,000

5 Hughes Street
Taree NSW 2430

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 555.1m2
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Property Details for 5 Hughes St, Taree

5 Hughes St, Taree is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 555.1m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 5 bedroom House sold in Taree in the last 12 months.

Building Type
House
Land Size
555.1m2
Local Government
Mid-Coast
Lot/Plan
158/DP793279

Last Listing description (April 2024)

Calling all investors and first-home buyers! Here's your golden opportunity - a freshly renovated solid brick 5-bedroom, 2-bathroom home just a stroll away from schools and with a bus stop right at the front door. This property is primed and ready to move on in!

Step inside and you'll find a modern makeover. No headaches, no hassles - just a turnkey property for an owner occupier or a savvy investment ready to roll with an estimated $350-390pw rental return.

The school is within walking distance, making this property a hot ticket for steady rental demand. Plus, the bus stop right outside means convenience is king for your potential tenants.

The recent renovations mean low maintenance and high appeal, promising not just instant returns but long-term value. With schools nearby and easy transit access, this 5-bedroom home is the one for you.

• Walk to local primary schools
• Bus stop close by
• Fully renovated
• New kitchen
• 5 bedrooms, 2 bathrooms equals HUGE potential!
• NBN connection
• Home has been fully rewired
• Double garage with power
• Estimated rental return $350-390pw

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Property History for 5 Hughes St, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$320,000
03 Apr 2024
Listed for Rent
$340/w
03 Mar 2023
  • 02 Apr 2024
    Sold for $320,000
  • 05 Feb 2024
    Listed for Sale $349,000
  • 21 Aug 2023
    Sold for $165,000
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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 9,599 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 107 properties listed for sale, and 28 properties listed for rent in Taree on OnTheHouse. According to CoreLogic's data, 371 properties were sold in the past 12 months in Taree.

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