1/16 Spence St, Taree NSW 2430
Taree Unit
Technical details
How this sale compares
Sold for $290,000 in Sep 2023, up $110,000 (61%) on the $180,000 paid in Feb 2017. That is about 7.4% a year over 6.7 years.
Over the same period the median unit price in Taree rose 69%, from $203,000 in 2017 to $342,500 in 2023.
The 2023 sale was 15% below the Taree median unit price for that year ($342,500 across 52 sales).
Since then the median unit price in Taree has risen 18%, from $342,500 in 2023 to $405,000 over the last 12 months (74 sales).
Taree medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Taree sold prices by year.
Rent and yield
Units in postcode 2430 rented for a median $400 a week, from 278 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $290,000 on 29 Sep 2023, that rent is a gross yield of 7.2% a year, before costs and vacancies.
Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Taree.
Planning controls
- Zone
- R1 General Residential
- Minimum lot size
- 450 m² For subdividing the whole site, not one unit
- Maximum building height
- 11.5 m
- Floor space ratio
- 0.6:1 Floor area allowed for each square metre of site
From the Greater Taree Local Environmental Plan 2010 maps on the NSW Planning Portal, looked up at this address's map point on 22 Oct 2026. A control can cover only part of a site and plans change, so the council's planning certificate is the formal record. Planning data from the NSW Department of Planning, Housing and Infrastructure, CC BY 4.0.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 29 Sep 2023 | 25 Oct 2023 | $290,000 | - | - | - | 1/SP18222 |
| 3 Feb 2017 | 17 Mar 2017 | $180,000 | - | - | - | 1/SP18222 |
$290,000 Sold 29 Sep 2023
Settled25 Oct 2023
Beds-
Baths-
Cars-
Title reference: 1/SP18222
$180,000 Sold 3 Feb 2017
Settled17 Mar 2017
Beds-
Baths-
Cars-
Title reference: 1/SP18222
Other sales at 16 Spence St
The most recent sales of other units in this building. See every sale in the building.
| Beds | Baths | Cars | Title reference | ||||
|---|---|---|---|---|---|---|---|
| 5 | 10 Aug 2026 | 21 Sep 2026 | $425,000 | - | - | - | 5/SP18222 |
| 5 | 26 Feb 2025 | 10 Apr 2025 | $345,000 | - | - | - | 5/SP18222 |
| 2 | 19 Dec 2023 | 25 Jan 2024 | $335,000 | - | - | - | 2/SP18222 |
| 7 | 22 Nov 2021 | 12 Jan 2022 | $315,000 | - | - | - | 7/SP18222 |
| 9 | 29 Jul 2021 | 9 Sep 2021 | $282,000 | - | - | - | 9/SP18602 |
| 12 | 14 Nov 2019 | 17 Dec 2019 | $230,000 | - | - | - | 12/SP18602 |
| 6 | 1 May 2019 | 29 May 2019 | $220,000 | - | - | - | 6/SP18222 |
| 2 | 31 Jan 2019 | 15 Feb 2019 | $230,000 | - | - | - | 2/SP18222 |
| 7 | 27 Jul 2017 | 21 Aug 2017 | $267,500 | - | - | - | 7/SP18222 |
$425,000 Sold 10 Aug 2026
Title reference: 5/SP18222
$345,000 Sold 26 Feb 2025
Title reference: 5/SP18222
$335,000 Sold 19 Dec 2023
Title reference: 2/SP18222
$315,000 Sold 22 Nov 2021
Title reference: 7/SP18222
$282,000 Sold 29 Jul 2021
Title reference: 9/SP18602
$230,000 Sold 14 Nov 2019
Title reference: 12/SP18602
$220,000 Sold 1 May 2019
Title reference: 6/SP18222
$230,000 Sold 31 Jan 2019
Title reference: 2/SP18222
$267,500 Sold 27 Jul 2017
Title reference: 7/SP18222
Recent sales on Spence St
Sold in the last two years.
- 6/1 Spence St, Taree 2430 $395,000 sold 1 Sep 2026
- 6/9 Spence St, Taree 2430 $445,000 sold 1 Jul 2026
- 20 Spence St, Taree 2430 $610,000 sold 3 Jun 2026, 1,277 m²
- 2/9 Spence St, Taree 2430 $470,000 sold 15 May 2026
- 3/9 Spence St, Taree 2430 $457,500 sold 16 Apr 2025
- 8/10 Spence Street, Taree 2430 $403,500 sold 11 Mar 2025
- 7/1 Spence St, Taree 2430 $350,000 sold 23 Jan 2025
- 12 Spence Street, Taree 2430 $257,500 sold 6 Dec 2024, 847 m²
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 14 Wingham Rd, Taree 2430 $600,000 sold 11 Sep 2026, 613 m²
- 49 Wingham Rd, Taree 2430 $554,200 sold 26 Aug 2026, 879 m²
- 74 Commerce St, Taree 2430 $550,000 sold 24 Aug 2026, 1,012 m²
- 91 A Commerce St, Taree 2430 $590,000 sold 7 Aug 2026, 1,297 m²
- 8 Wingham Rd, Taree 2430 $621,000 sold 3 Aug 2026, 601 m²
- 41 Flett St, Taree 2430 $535,700 sold 15 Jul 2026, 740 m²
- 1/20 Little Wynter St, Taree 2430 $350,000 sold 7 Jul 2026
- 10 Deb St, Taree 2430 $620,000 sold 26 Jun 2026, 977 m²