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Sold on 28 Mar 2024 - Price Unavailable

48-50 Bega Street
Tathra NSW 2550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2029m2
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Property Details for 48-50 Bega St, Tathra

Building Type
Land
Land Size
2029m2
Local Government
Bega Valley
Lot/Plan
6/13/DP758955

Last Listing description (May 2024)

An opportunity not to be missed when land banking for the future.
Developers take note.
Tathra is becoming very well known for it's gorgeous outlook and location, as well as it's easy going lifestyle, attracting cashed up buyers from all parts of Australia & overseas.

But that has created our own housing and unit shortage.
Introducing this fabulous block, one of the largest town blocks to come to the market for a long long time and at 4047 sq mts its an amazing parcel of land.
Zoned R3 Medium Density Residential.
It's both a very good zoning & location that allows lots of options including the list below plus many more.
Multi dwelling housing, Seniors housing, Neighborhood shops, Respite day care centres, Group homes.
Vehicle access from Bega Street at the top and Bay Street at the bottom of the block.
Easterly aspect with expansive Pacific Ocean views.
At present St Martin's Church, Tathra.
The Church has a floor area of some 84 sq mts and will go with the purchase of the block.
The Listing price includes GST
Call Greg at Elders Tathra on 0412 849 058 for more information.

Property History for 48-50 Bega St, Tathra, NSW 2550

A timeline of how this property has performed in the market
Last Sold
28 Mar 2024
  • 28 Mar 2024
    Sold
  • 08 Dec 2023
    Listed for Sale $3,740,000 including GST

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About Tathra 2550

The size of Tathra is approximately 21 square kilometres. It has 8 parks covering nearly 52.4% of total area. The population of Tathra in 2011 was 1,525 people. By 2016 the population was 1,677 showing a population growth of 10.0% in the area during that time. The predominant age group in Tathra is 60-69 years. Households in Tathra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tathra work in a professional occupation. In 2011, 63.5% of the homes in Tathra were owner-occupied compared with 66.6% in 2016.

Tathra has 1,203 properties. Over the last 5 years, Houses in Tathra have seen a 57.27% increase in median value, while Units have seen a 101.36% increase. As at 31 July 2024:

  • The median value for Houses in Tathra is $813,217 while the median value for Units is $650,300.
  • Houses have a median rent of $595 while Units have a median rent of $395.
There are currently 14 properties listed for sale, and 1 property listed for rent in Tathra on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Tathra.

Suburb Insights for Tathra 2550

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Elders Real Estate Tathra
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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.