2 Wallace Street, Bega, NSW 2550 sold on 12 May 2025 | OnTheHouse
SOLD
Sold on 12 May 2025 for $520,000

2 Wallace Street
Bega NSW 2550

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 896m2
Sold By
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Butterfield Property
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Property Details for 2 Wallace St, Bega

2 Wallace St, Bega is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 896m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in Bega in the last 12 months.

Building Type
House
Floor Size
116m2
Land Size
896m2
Local Government
Bega Valley
Lot/Plan
11/DP850892

Last Listing description (June 2025)

This charming 3-bedroom home in the heart of Bega is now on the market!

Set on a generous 895m lot, this property offers incredible potential. Zoned R3 for high density, it presents a fantastic opportunity for investors looking to land bank for the future and secure a multi-unit site.

For first-time homebuyers, this is a perfect chance to enter the market and make this home your own. With endless possibilities for growth and development, this property is a smart investment in a thriving location.

Currently let at $400 per week till Feb 2025.

Don't miss out on securing your piece of Bega-ideal for both current needs and future aspirations!

Property History for 2 Wallace St, Bega, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$520,000
12 May 2025
  • 12 May 2025
    Sold for $520,000
  • 16 Oct 2024
    Listed for Sale $540,000
  • 19 Oct 1995
    Sold for $88,500
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About Bega 2550

The size of Bega is approximately 31.4 square kilometres. It has 19 parks covering nearly 2.6% of total area. The population of Bega in 2016 was 4668 people. By 2021 the population was 5013 showing a population growth of 7.4% in the area during that time. The predominant age group in Bega is 50-59 years. Households in Bega are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bega work in a labourer occupation.In 2021, 63.50% of the homes in Bega were owner-occupied compared with 61.70% in 2016.

Bega has 2,973 properties. Over the last 5 years, Houses in Bega have seen a 47.27% increase in median value, while Units have seen a 39.09% increase. As at 28 February 2026:

  • The median value for Houses in Bega is $621,714 while the median value for Units is $445,258.
  • Houses have a median rent of $550 while Units have a median rent of $435.
There are currently 34 properties listed for sale, and 4 properties listed for rent in Bega on OnTheHouse. According to Cotality's data, 141 properties were sold in the past 12 months in Bega.

Suburb Insights for Bega 2550

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.