28 Mulwaree St, Tarago is a 2 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 1416m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom House sold in Tarago in the last 12 months.
Set on a generous 1,416sqm block, this versatile property offers excellent value for investors and first home buyers alike. With a current rental return of $400 per week, it provides immediate income while also presenting long-term potential.
Eligible first home buyers can take advantage of the First Home Buyers Incentive, with the possibility of a full or partial exemption on transfer duty, making this an ideal entry point into the property market.
The home features a flexible layout with 1.5 bedrooms—perfect as a one-bedroom home with a study or smaller second room. A main bathroom and ensuite provide convenience, while the large laundry adds to the practical appeal. Rear lane access enhances usability and offers scope for future improvement (STCA).
First Home Buyers Incentive – Eligibility Requirements:
• Must be purchasing your first home in Australia
• Property value must be under $1 million
• You must move in within 12 months of settlement and live there for at least 12 continuous months
Property Features:
• Spacious 1,416sqm block
• Currently leased at $400 per week
• 1.5 bedrooms (or 1 bedroom + study)
• Main bathroom plus ensuite
• Large laundry
• Rear lane access
Whether you're looking to invest or step into home ownership, this property offers exceptional potential, strong returns, and attractive buyer incentives.
The size of Tarago is approximately 310.5 square kilometres. The population of Tarago in 2016 was 426 people. By 2021 the population was 510 showing a population growth of 19.7% in the area during that time. The predominant age group in Tarago is 30-39 years. Households in Tarago are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tarago work in a managers occupation.In 2021, 81.10% of the homes in Tarago were owner-occupied compared with 81.20% in 2016.
Tarago has 357 properties. Over the last 5 years, Houses in Tarago have seen a 53.96% increase in median value, while Units have seen a -24.83% decrease. As at 30 November 2025:
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