OFF MARKET

99 Edinburgh Drive
Taree NSW 2430

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 563m2
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Property Details for 99 Edinburgh Dr, Taree

99 Edinburgh Dr, Taree is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 563m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1960
Floor Size
115m2
Land Size
563m2
Local Government
Mid-Coast
Lot/Plan
12/DP22410

Last Listing description (September 2023)

This incredible opportunity is perfect for first-time home buyers and savvy investors seeking a property in the highly desirable Taree West area at an affordable entry level price.

Step onto the welcoming undercover front porch before entering the spacious living room, creating a comfortable area for relaxation and entertainment. The tidy timber kitchen and dining area combine seamlessly and offer ample bench space. The original style bathroom is well-appointed with a bathtub, shower, vanity and a separate toilet for added convenience.

Featuring three good sized bedrooms, the main room boasts a built-in wardrobe. Bedroom two offers sliding doors that lead to a covered deck, providing delightful views of the picturesque farmland just across the road.

Situated on a level and low maintenance 562sqm corner block, this property provides easy maintenance. Parking is a breeze with access from Gresham Avenue into the single carport.

The unbeatable location places you just 130m from the Taree West Bowling Club while being conveniently zoned for the highly regarded Taree West Primary School situated only 1.8km away. Additionally, you'll find the tranquil Manning Waters Reserve and river a mere 1.3km away with Taree's CBD a short 2.5km drive.

If you're considering this property as a rental investment, our estimates indicate a potential return of approximately $390 per week, providing an attractive opportunity for investors seeking a good yield. There is also the possibility of increasing this rental amount if some cosmetic improvements were made to the property. If you are also looking for something that has a bit of future potential for a dual income, the way the house is positioned on the corner block lends itself to constructing a granny flat with access from both Edinburgh Drive and Gresham Avenue (Subject to Council Approval).

To discover more about this property or to book a viewing, please reach out to Justin Atkins on 0417 955 176 or Kelly Sawyer on 0421 025 081. We suggest you act swiftly to secure this fantastic and affordable opportunity before it's too late!

Property History for 99 Edinburgh Dr, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$380,000
21 Jul 2023
Listed for Rent
$370/w
29 May 2023
  • 21 Jul 2023
    Sold for $380,000
  • 27 Jun 2023
    Listed for Sale Not Disclosed
  • 11 May 2023
    Listed for Rent $370 / week
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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 9,602 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 26 properties listed for rent in Taree on OnTheHouse. According to CoreLogic's data, 372 properties were sold in the past 12 months in Taree.

Suburb Insights for Taree 2430

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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.