SOLD
RECENT ADVICE
Sold on 22 Dec 2023 for $465,000

15-17 Ruby Street
Tingha NSW 2369

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 371m2
Land area: 2555m2
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Property Details for 15-17 Ruby St, Tingha

Building Type
Commercial
Floor Size
371m2
Land Size
2555m2
Local Government
Inverell
Lot/Plan
6/2/DP704

Last Listing description (December 2023)

Welcome to the Royal Hotel Tingha, located approximately 30km from Inverell & situated on 2555m2 corner block with a very prominant street presence for passing traffic, features include spacious bar & lounge area, kitchen & ammenities, 9 room accommodation with common living & bathrooms plus open verandahs on two sides over looking town. Beautifully presented beer garden & covered BBQ area, numerous storage sheds & carport, established gardens & fully fenced block, vacant land adjoins the hotel with scope to further develop subject to council approval. Long standing hotel trading 7 days, patronised by locals & tourist. Currently under new 7 year lease commencing August 2023 with sound returns. Lease details & financials available for genuine enquiries. Please note: BUSINESS IS NOT FOR SALE.
Tingha has a town population of approximately 774 with one of the main attractions to the town being Green Valley Farm, services include the MPS (residential aged care & first aid post), pharmacist, pre-school & primary school, sports club, caravan park plus other shops and services to supply your daily needs.

Property History for 15-17 Ruby St, Tingha, NSW 2369

A timeline of how this property has performed in the market
Last Sold
$465,000
22 Dec 2023
  • 22 Dec 2023
    Sold for $465,000
  • 12 Dec 2023
    Listed for Sale $500,000
  • 28 Apr 2022
    Sold for $150,000
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About Tingha 2369

The size of Tingha is approximately 270.7 square kilometres. It has 3 parks covering nearly 5.3% of total area. The population of Tingha in 2011 was 1,174 people. By 2016 the population was 816 showing a population decline of 30.5% in the area during that time. The predominant age group in Tingha is 10-19 years. Households in Tingha are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tingha work in a labourer occupation. In 2011, 72% of the homes in Tingha were owner-occupied compared with 74.6% in 2016.

Tingha has 528 properties. Over the last 5 years, Houses in Tingha have seen a 99.78% increase in median value. As at 31 August 2024:

  • The median value for Houses in Tingha is $198,493 while the median value for Units is $395,047.
There are currently 6 properties listed for sale, and no properties listed for rent in Tingha on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Tingha.

Suburb Insights for Tingha 2369

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Contact agent
Dave McMahon
Show contact details
Raine & Horne Inverell
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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.