1/16 Spence Street, Taree, NSW 2430 | Property Value & History | OnTheHouse
OFF MARKET

1/16 Spence Street
Taree NSW 2430

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 3172m2
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Property Details for 1/16 Spence St, Taree

1/16 Spence St, Taree is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 3172m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1982
Floor Size
90m2
Land Size
3172m2
Local Government
Mid-Coast
Lot/Plan
1/SP18222

Last Listing description (November 2023)

With great pleasure, we introduce to the market 16/1 Spence Street - An ideal opportunity for downsizers, first home buyers or investors looking to secure a conveniently positioned villa in the sought after Taree West neighbourhood.

Start your day off from the nearby Jack & Co. Coffee Shop and simply stroll to the butcher and mini supermarket for all your lunch and dinner needs - all a mere 200m away from this residence. With the hospital and Aldi Supermarket within 1km, it's a challenge to find a villa that can rival this one in terms of both location and affordability.

The key features of the villa include:

- Upon entry you're welcomed by an expansive ambiance within the living and dining spaces, characterized by captivating raked ceilings
- A promising return on investment with an estimated rental income of $320 per week
- Two bedrooms including a master suite featuring a built-in wardrobe for storage
- Offering ceiling fans and air-conditioning providing optimal comfort throughout the seasons
- An extra study/additional living space that seamlessly connects to the garage and a generously sized courtyard
- Bathroom with the added convenience of a separate toilet
- An orderly original kitchen with freestanding oven and good storage space
- Secure your vehicle or belongings with the convenience of the single lock-up garage
- The property boasts an appealing facade with a tidy brick exterior and tile roof
- For recreational enthusiasts, local sports fields and tennis courts are just 290m away

With an array of appealing features including a well-connected lifestyle to local amenities, a promising rental income and a thoughtful layout, this villa encapsulates both comfort and value, making it a standout choice in both location and affordability. For further information or to arrange your viewing of this value-packed villa, please get in touch with Justin Atkins on 0417 955 176 or Kelly Sawyer on 0421 025 081.

Approximate Outgoings:
Council rates- $337 per quarter
Water rates- $342 per quarter
Strata levies- $730.75 per quarter

Property History for 1/16 Spence St, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$290,000
29 Sep 2023
  • 29 Sep 2023
    Sold for $290,000
  • 17 Aug 2023
    Listed for Sale Price Guide $299,000 - $319,000
  • 03 Feb 2017
    Sold for $180,000
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About Taree 2430

The size of Taree is approximately 47.8 square kilometres. It has 44 parks covering nearly 5.7% of total area. The population of Taree in 2016 was 16197 people. By 2021 the population was 16715 showing a population growth of 3.2% in the area during that time. The predominant age group in Taree is 60-69 years. Households in Taree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Taree work in a community and personal service occupation.In 2021, 58.70% of the homes in Taree were owner-occupied compared with 58.50% in 2016.

Taree has 9,674 properties. Over the last 5 years, Houses in Taree have seen a 55.51% increase in median value, while Units have seen a 52.43% increase. As at 31 December 2025:

  • The median value for Houses in Taree is $515,073 while the median value for Units is $387,386.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 78 properties listed for sale, and 46 properties listed for rent in Taree on OnTheHouse. According to Cotality's data, 432 properties were sold in the past 12 months in Taree.

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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.