7/1 Spence Street, Taree, NSW 2430 sold on 23 January 2025 | OnTheHouse
 
SOLD
Sold on 23 Jan 2025 for $350,000

7/1 Spence Street
Taree NSW 2430

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 7/1 Spence St, Taree

7/1 Spence St, Taree is a 2 bedroom, 1 bathroom Villa with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 2 bedroom Villa sold in Taree in the last 12 months.

Building Type
Villa

Last Listing description (January 2025)

Located at the rear of a peaceful complex, this 2-bedroom villa offers the perfect balance of quiet living and convenience. Situated in a central location of Taree West, it's an ideal choice for retirees or first time homebuyers looking to get into the market or investors seeking a property with a great return.

The villa features a spacious layout with separate dining and sunroom plus a good size backyard, offering plenty of space for gardening or activities. Whether you are enjoying a morning coffee or hosting friends and family, this outdoor area provides the perfect space to unwind.

Inside, the property is move-in ready, with a fresh, recently updated bathroom and separate toilet. While the home could benefit from some minor TLC, it's a solid foundation for anyone looking to personalise the space over time. The layout is functional making it a cozy home that suits your style. Also you have the convenience of an electric opening lock-up garage.

The location couldn't be more convenient being located nearby to the Hospital and Aldi. Everything you need is just around the corner at the shopping plaza including the butcher, bakery, and coffee shop making it easy to pick up essentials or enjoy a quick outing. The newsagent and post office plus Taree West School are only 800 metres away.

This villa is a great opportunity for anyone looking to enter the property market or add to their investment portfolio. Don't miss your chance to view this potential-packed home. Contact us today for more information and to arrange an inspection!

• 50m to grocery store and coffee shops
• 750m to Taree West Public School
• 1km to Manning Base Hospital
• Sunroom
• Covered access from garage to inside
• Large grassed backyard
• Fully fenced
• Split system air conditioning
• Ceiling fans
• Built in wardrobes
• Recently re-tiled bathroom and shower
• Expected rental return $300-$330

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Property History for 7/1 Spence St, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$350,000
23 Jan 2025
  • 23 Jan 2025
    Sold for $350,000
  • 12 Dec 2024
    Sold
  • 05 Dec 2024
    Listed for Sale $379,000
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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 9,670 properties. Over the last 5 years, Houses in Taree have seen a 56.88% increase in median value, while Units have seen a 49.80% increase. As at 30 November 2025:

  • The median value for Houses in Taree is $512,209 while the median value for Units is $383,185.
  • Houses have a median rent of $495 while Units have a median rent of $380.
There are currently 88 properties listed for sale, and 46 properties listed for rent in Taree on OnTheHouse. According to Cotality's data, 414 properties were sold in the past 12 months in Taree.

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