13 Gwenneth Avenue, Taree NSW 2430
13 Gwenneth Avenue, Taree NSW 2430
3-bed family house | level land in Taree | established neighbourhood | close to schools and river | first-home buyer appeal
This property is positioned as a practical family house in an established part of Taree. A single-level layout is anticipated, which is suited to first-home buyers or small families. The street is regarded for its settled residential feel, with local schools and daily amenities within a short drive. The land component is viewed as a genuine strength, allowing outdoor space or future expansion. For buyers seeking a regional foothold, a sensible balance of convenience and affordability is offered by this house. Its best fit is with owner-occupiers prioritising lifestyle and manageable upkeep.
Value may be shaped by condition and updates. Demand may be influenced by land size and street position. Growth may depend on Taree market trends. Renovation costs should be weighed against price. Flood status should be clarified, as it may affect insurance and resale.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Gwenneth Avenue, Taree NSW 2430
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
Taree, on the NSW Mid North Coast, is drawing families, first-home buyers and downsizers, priced well below metropolitan benchmarks. The median house price sits at $560,000 with 12% annual growth; units are $398,500, growing 17.21%. Houses sell in a median 44 days on 321 annual sales, while gross rental yields remain strong at 5.23% for houses and 5.56% for units, with median rents of $500 and $380 respectively. Supply is tight: only 55 new dwelling approvals annually over the past five years, though commercial approvals total $47.5 million this financial year. Population is projected to rise by 1,074 to 2041, requiring roughly 537 new dwellings. The key constraint is demographic — 73% of residents aged 65+ fall in the low-income range, which may temper future upgrading demand despite current affordability.
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PropCred Estimated Value
Comparable Sales: 8 Ann Street at $435,000 | Property Price Band: $400K-$500K | Value Drivers: land size, condition, location
Bedrooms
3
Bathroom
1
Parking
2
Land
636m²
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