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Sold on 09 May 2024 - Price Unavailable

98 Wingham Road
Taree NSW 2430

Bedrooms: 2
Bathrooms: 1
Car spaces: 7
Land area: 1043m2
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Property Details for 98 Wingham Rd, Taree

98 Wingham Rd, Taree is a 2 bedroom, 1 bathroom House with 7 parking spaces. The property has a land size of 1043m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Taree in the last 12 months.

Building Type
House
Land Size
1043m2
Local Government
Mid-Coast
Lot/Plan
90/DP614329

Last Listing description (May 2024)

This property is a generous 1043 sqm previously utilised as a tea house, the current owners have reconverted the house back to a residence and have positioned a street stall at the frontage making for an exceptional business opportunity or just keep it leased out and reap the benefits of a weekly rental income. For those wishing to run business from the home there is already enough off street parking constructed for 5 cars plus a garage.

The home is and old style timber home with large wide verandas its spacious inside has loads of character. There will be some work to do like most older homes but for the most part it is a very comfortable home and easily rented if two incomes is required. A 6.6 Klw solar system feeds back to the grid and provides fee power through the day.
The rental income potential of the property would be in the range of $640 to $700 per week with plenty of scope to increase.

The Street Stall is currently selling coffee and light food has fryers, kabab roasters, coffee machine, refrigerator and all come complete and part of the sale.

Enquire now for more information

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Property History for 98 Wingham Rd, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
09 May 2024
Listed for Rent
$440/w
29 Jul 2024
  • 13 Jun 2024
    Listed for Rent $15,080 / year
  • 16 Apr 2024
    Sold for $490,000
  • 31 Jul 2023
    Listed for Sale Not Disclosed
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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 9,537 properties. Over the last 5 years, Houses in Taree have seen a 60.22% increase in median value, while Units have seen a 41.87% increase. As at 31 August 2024:

  • The median value for Houses in Taree is $476,444 while the median value for Units is $346,653.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 93 properties listed for sale, and 29 properties listed for rent in Taree on OnTheHouse. According to CoreLogic's data, 394 properties were sold in the past 12 months in Taree.

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