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1/16 Waterman St, Old Bar NSW 2430

Old Bar Unit
Last sold $670,000 5 May 2026
Technical details
Title reference1/SP74494
Site area (whole strata scheme)697 m²
ZoningR1 General Residential
Nature of propertyResidence
Primary purposeResidence
Valuation district268
Property ID3155709

How this sale compares

Sold for $670,000 in May 2026, up $320,000 (91%) on the $350,000 paid in Oct 2017. That is about 7.9% a year over 8.6 years.

Over the same period the median unit price in Old Bar rose 70%, from $331,500 in 2017 to $563,000 in 2026.

The 2026 sale was 19% above the Old Bar median unit price for that year ($563,000 across 23 sales).

Old Bar 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 Old Bar 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 $670,000 on 5 May 2026, that rent is a gross yield of 3.1% 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 Old Bar.

Planning controls

Zone
R1 General Residential
Minimum lot size
450 m² For subdividing the whole site, not one unit
Maximum building height
8.5 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.

Sale history

Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.

Beds Baths Cars Title reference
5 May 2026 7 Aug 2026 $670,000 - - - 1/SP74494
12 Oct 2017 23 Nov 2017 $350,000 - - - 1/SP74494
16 Mar 2016 27 Apr 2016 $300,000 - - - 1/SP74494
$670,000 Sold 5 May 2026
Settled7 Aug 2026
Beds-
Baths-
Cars-

Title reference: 1/SP74494

$350,000 Sold 12 Oct 2017
Settled23 Nov 2017
Beds-
Baths-
Cars-

Title reference: 1/SP74494

$300,000 Sold 16 Mar 2016
Settled27 Apr 2016
Beds-
Baths-
Cars-

Title reference: 1/SP74494

Other sales at 16 Waterman St

The most recent sales of other units in this building. See every sale in the building.

Beds Baths Cars Title reference
2 14 Jan 2022 25 Feb 2022 $525,000 - - - 2/SP74494
$525,000 Sold 14 Jan 2022
Unit2
Settled25 Feb 2022
Beds-
Baths-
Cars-

Title reference: 2/SP74494

Recent sales on Waterman St

Sold in the last two years.

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Old Bar

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