OFF MARKET

9/16 Spence Street
Taree NSW 2430

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 3147m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 9/16 Spence St, Taree

9/16 Spence St, Taree is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 3147m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1982
Floor Size
82m2
Land Size
3147m2
Local Government
Mid-Coast
Lot/Plan
9/SP18602

Last Listing description (April 2022)

Well positioned and affordable, we invite you to take a look at this compact and conveniently placed unit if you are in the market to secure yourself a solid investment or comfortable villa to downsize to. A pleasing brick and tile build complemented by the manicured common grounds, sees this ground floor level villa nestled in a quiet complex. The occupant can enjoy the benefit of secure parking in the single lock up garage as well as a private paved courtyard where you can have yourself a nice little garden or outdoor setting.

The exceptional Taree West position - close to a handful of conveniences is easily accessible and favourable for owner occupiers wanting to secure a home in a well established and popular neighbourhood within modest distance to the town centre, medical facilities and Manning River.

Take a look at what is on offer:

- Terrific Taree West location close to it all - just 250m from the Taree West Plaza and Jack & Co Convenience Store and Petrol Station, 1km to the Manning Base Hospital and Aldi Supermarket and a short commute of around 1.2km to the central hub of Taree
- If you are looking for a low maintenance property to add to your rental portfolio, this unit is ready to go with a current tenant paying $280 per week (lease expired). In the current market we expect this villa to rent well and generate an income of approximately $300 - $320 per week
- Cosmetic renovations completed to freshen up the interior include new paint and carpet
- A spacious open floorplan on entry is complemented by the raked ceilings with statement exposed timber beams and offers air conditioner and ceiling fan
- Second living area not commonly found in units is available for a rumpus room or third bedroom for guests if needed
- Original and tidy timber-look kitchen has been equipped with a large corner pantry providing excellent storage space, upright stove and a servery window through to the meals area
- Two bedrooms both offer ceiling fans with built-in storage available in the master suite
- The three-way layout for the bathroom offers a bath tub, tiled shower with separate area for the vanity and toilet
- Large internal laundry has storage space and offers easy access through to the clothesline in the courtyard
- A quiet and private paved courtyard is a nice little spot to keep your plants or enjoy your morning coffee
- Single lockup garage with secure internal access to the villa

A tidy, attractive and low maintenance ground floor villa in a great area is certainly a unique find. We would love to show you your new home at one of our upcoming open days. For more information please contact Justin Atkins on 0417 955 176.

Property History for 9/16 Spence St, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$282,000
29 Jul 2021
Listed for Rent
06 Nov 2021
  • 07 Apr 2022
    Listed for Sale Sold
  • 14 Sep 2021
    Listed for Rent - Price not available
  • 10 Sep 2021
    Listed for Sale Sold
Sign in to see more transactions

Commute Calculator

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

Market Insights
Taree Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Taree Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.