5 Riddell Street, Bingara, NSW 2404 sold on 13 September 2025 | OnTheHouse
SOLD
Sold on 13 Sep 2025 for $456,000

5 Riddell Street
Bingara NSW 2404

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
Floor area: 186m2
Land area: 1012m2
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Property Details for 5 Riddell St, Bingara

5 Riddell St, Bingara is a 6 bedroom, 4 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 1012m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 6 bedroom House sold in Bingara in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
186m2
Land Size
1012m2
Local Government
Gwydir
Lot/Plan
2/DP235305

Last Listing description (September 2025)

Positioned just 500m (approx.) from the town's CBD, this well-located block of four units is the ideal investment opportunity - fully tenanted with a strong rental return and approx. 7.3% gross yield.
Set on a generous 1,012m allotment, this low-maintenance complex offers a solid income stream with long-term tenants in place, making it a true set-and-forget addition to your portfolio.

Property Features:

2 x 1-bedroom units - Each with own lounge, kitchen, and combined bathroom/laundry and reverse cycle air conditioning
2 x 2-bedroom units - Featuring open-plan kitchen, dining and lounge, with separate bathroom, laundry and reverse cycle air conditioning
4 undercover car spaces
Current rental return: $780 per week
Gross rental yield: Approx. 7.3%
All units currently tenanted with long-term leases
Walking distance to CBD, shops and schools

This is a rare opportunity to secure a quality investment property in a prime location with immediate cash flow and future potential.

Don't miss out - contact Rebecca today on 0477 050 047 for more information or to arrange a private inspection.

*Photos are of Unit 2 (one bedroom) and Unit 4 (two bedrooms)*

Property History for 5 Riddell St, Bingara, NSW 2404

A timeline of how this property has performed in the market
Last Sold
$456,000
13 Sep 2025
Listed for Rent
$150/w
19 Jun 2019
  • 13 Sep 2025
    Sold for $456,000
  • 07 Aug 2025
    Listed for Sale $450,000
  • 24 Sep 2020
    Sold for $262,500
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About Bingara 2404

The size of Bingara is approximately 239.6 square kilometres. It has 5 parks covering nearly 17.1% of total area. The population of Bingara in 2016 was 1428 people. By 2021 the population was 1318 showing a population decline of 7.7% in the area during that time. The predominant age group in Bingara is 70-79 years. Households in Bingara are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bingara work in a community and personal service occupation.In 2021, 75.00% of the homes in Bingara were owner-occupied compared with 73.20% in 2016.

Bingara has 1,057 properties. Over the last 5 years, Houses in Bingara have seen a 104.84% increase in median value. As at 31 October 2025:

  • The median value for Houses in Bingara is $344,124 while the median value for Units is $307,967.
  • Houses have a median rent of $345.
There are currently 2 properties listed for sale, and no properties listed for rent in Bingara on OnTheHouse. According to Cotality's data, 52 properties were sold in the past 12 months in Bingara.

Suburb Insights for Bingara 2404

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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.