8 Hakea Close, Taree NSW 2430

8 Hakea Close, Taree NSW 2430
Owner-occupied street | 1053m² on a no-overlay block | 366m² home with four-car open parking | Last sold 2023 at a lower base This property offers a rare combination of scale and positioning within Taree. The 1053m² block with no bushfire, flood, or heritage overlays removes common constraints, giving a buyer immediate development optionality or simple low-maintenance ownership. The 366m² floorplan with two separate parking zones-garage and four open spaces-suits a multi-vehicle household or someone needing workshop or boat storage. The street is entirely owner-occupied, which typically supports stronger resale demand and quieter neighbourhood conditions. The property is best suited to a family seeking long-term tenure in a catchment for Taree West Public and Taree High, or a buyer who values land banking without overlay risk. The primary risk is the recent 2023 sale at $635,000 against an asking range that appears materially higher. A buyer must confirm whether improvements justify the gap or if the price reflects market momentum alone. The single living area and lack of a second living zone may limit appeal for larger families compared to peers with dual living spaces. On opportunity, the NBN FTTP and 5G coverage support remote work viability, and the fully fenced courtyard with deck and outdoor entertainment area adds immediate livability. The low street turnover-only one recent sale among eight properties-suggests limited supply, which can favour a patient buyer if the property lingers on market.
Detailed Independent Property Report prepared  by PropCred Analyst team for 8 Hakea Close, Taree NSW 2430
Checks found:
Value Risk
Liquidity Risk
Planning Risk ! 1
Income Risk 2
Execution Risk 2
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Insight: Taree NSW 2430

Taree is positioned as an accessible coastal hub attracting families, first-home buyers, and downsizers. Demand is driven by its relative affordability and lifestyle appeal, with strong recent price growth reflecting a competitive market. Future growth is underpinned by sustained population gains, though development activity remains measured, presenting a balanced outlook between demand momentum and supply constraints.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

6

Land

1053m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

30 Devon Street, Box Hill South VIC 3128

3-bed house | 927 m² land | land-led value | family or project buyer The defining strength of this property is...

19/61 Hughes Avenue, Edithvale VIC 3196

2 bed | 1 bath | 2 car | low-rise unit | bayside suburb | strong parking for size This unit’s...

7010/228 La Trobe Street, Melbourne VIC 3000

Large 3-bedroom CBD apartment | Level 70 in a 2020 tower | Strong rental yield potential | Premium owner-occupier and...

19 Hyson Street, Kootingal NSW 2352

Large lot house | 4 bed 2 bath | built 2002 | family oriented | semi-rural setting This property is competitively...

723 Barrington East Road, Barrington NSW 2422

5-bedroom rural holding | 11-car capacity | 5.38 hectares | dual-living potential with granny flat This property offers a configuration rarely...

2/3 Allen Street, Waikerie SA 5330

small low-density unit group | generous land holding | limited direct comparable evidence | quiet Waikerie setting | compact two-bedroom...

10 Jacobsen Cres, Sunset QLD 4825

3 bed 1 bath 1 car on 607m² | modest established house in mixed pocket | entry-level appeal with land...

11 Rogers Avenue, Haberfield NSW 2045

Large freestanding house | 1,507 m² land parcel | five bedrooms | two-storey character home | tightly held suburb This property...

49 Kilmarnock Way, Clyde North VIC 3978

Compact 2015 build | 3-bed lowset on small lot | Entry-to-mid-market family house | Casey Council area | 111 m²...

27C Sunhaven Avenue, Athelstone SA 5076

4 bed | 3 bath | 2 car | 2021 build | 256 m² lot | Torrens row house |...

12/23-25 Gover Street, Peakhurst NSW 2210

3 bed 2 bath 2 car apartment | Family-sized strata unit in Peakhurst | Two parking spaces is a rare...

17 Tallering Way, Golden Bay WA 6174

4 bed dual-level house | 231sqm on 501sqm lot | Built 2014 | Family-focused coastal suburb | Quiet garden setting This...