SOLD
Sold on 23 Jan 2024 for $290,000

9 Maxwell Street
Tea Gardens NSW 2324

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 405m2
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Property Details for 9 Maxwell St, Tea Gardens

Building Type
Land
Land Size
405m2
Local Government
Mid-Coast
Lot/Plan
2/DP209584

Last Listing description (July 2020)

Opportunity to snap up this centrally positioned vacant parcel of land close to everything that matters in Tea Gardens. The land is zoned for a mix of commercial use and residential use so one can create multiple revenue streams; or is perfect for someone wanting to set up their own business and have a place to live on the same site. Perfectly located, steps away from the Myall Riverfront, pub, restaurants and shops it is ideally located for both a business or a residence. A second level promises some river views. The old adage in real estate is "Location ;Location" and this property fits that bill.

Property History for 9 Maxwell St, Tea Gardens, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$290,000
23 Jan 2024
  • 23 Jan 2024
    Sold for $290,000
  • 25 Jun 2021
    Sold for $290,000
  • 22 Jan 2020
    Sold for $230,000
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About Tea Gardens 2324

The size of Tea Gardens is approximately 84.3 square kilometres. It has 12 parks covering nearly 10.1% of total area. The population of Tea Gardens in 2011 was 2,434 people. By 2016 the population was 2,888 showing a population growth of 18.7% in the area during that time. The predominant age group in Tea Gardens is 70-79 years. Households in Tea Gardens are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tea Gardens work in a trades occupation. In 2011, 69.1% of the homes in Tea Gardens were owner-occupied compared with 71.5% in 2016.

Tea Gardens has 1,964 properties. Over the last 5 years, Houses in Tea Gardens have seen a 44.98% increase in median value, while Units have seen a 65.91% increase. As at 30 November 2024:

  • The median value for Houses in Tea Gardens is $816,632 while the median value for Units is $682,967.
  • Houses have a median rent of $580 while Units have a median rent of $478.
There are currently 35 properties listed for sale, and 6 properties listed for rent in Tea gardens on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Tea gardens.

Suburb Insights for Tea Gardens 2324

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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.