Taree at a glance
17,026
People
$620,500
Median sale
$474/wk
Median rent
3.97%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
6
Bedrooms
3
Bathrooms
3
Car spaces
891 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Taree at a glance
17,026
People
$620,500
Median sale
$474/wk
Median rent
3.97%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $474/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Taree at a glance
17,026
People
$620,500
Median sale
$474/wk
Median rent
3.97%
Suburb gross yield
Median sale from 96 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate TareeLocated within a short walk from Taree's CBD this impressive property consists of three x two bedroom self-contained villas. Sitting on one title of land this property is a prime candidate for prudent investors seeking a low maintenance piece of real estate that will see the villa's occupied at all times due to the proximity to town and liveability for all age groups.
Just recently Council approval has been given to Strata Title the three units allowing separate titles to be created for each villa (subject to conditions). This possibility will be highly beneficial to a new owner either now or in the future.
Features:-
Completely fenced and fully serviced town block of 891 square metres.
Super low maintenance requirements due to brick veneer and Colorbond roofing, guttering and fascia's.
Communal driveway services all three units and has a remote controlled security gate out on the street.
Very level access in and out of each unit making the units easy to live in for older occupants or those with impaired mobility.
Individual water meters and electrical connections for each unit.
Unit 1 –
Approximately 9 years of age. Two bedrooms, both with fitted robes. Main bedroom has a modern split system air conditioner. Air conditioned open plan lounge, dining room with tiled floor.
Internal access to the villa from the single car garage which has an automatic door opener. Fully fenced front and rear yards providing ample outdoor living spaces.
Very modern kitchen, bathroom and fixtures.
Unit 2 –
Approximately 15 years of age. Spacious air conditioned open plan lounge with dining area off the kitchen. Both bedrooms have fitted robes and ceiling fans. Second bedroom has access to the rear courtyard area.
Modern kitchen with double sink, ceramic cooktop and under bench oven. Provision for a dishwasher if desired. Internal laundry and easy internal access from the car garage. Automatic garage door opener. Private front courtyard makes for a terrific outdoor living space for this villa.
Unit 3
Approximately 15 years of age. Located to the rear of the property this unit is a stand alone villa which again has two bedrooms both with robes and ceiling fans. Air conditioned main living room with tiled flooring. Dining area adjacent the modern well designed kitchen. Provision for a dishwasher if needed.
Bathroom provides a shower, toilet and vanity. Internal laundry.
Fully fenced front and rear yard, great for younger children or smaller pets if desired.
All three of the units are currently rented and easy to re-let whenever needed. Excellent long-term tenants are in place however flexibility with the existing leases allows a variety of options for investors seeking to maximise their return.
Currently returning $66,040 (gross) per annum providing an excellent rental return for the outlay.
This property has been priced to reflect excellent value for money when consideration is given to its ideal location, replacement costs of land, buildings and connected services.
We warmly invite you to call Troy Loretan on 0400 530269 or (02) 65510999 for further details or to arrange for you private viewing of each unit.
*Information contained on any marketing material, website or other portal should not be relied upon. You should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Listing description written by Troy Loretan, Elders Real Estate Taree — reproduced as published, not verified by Districts.