Back 12 Milligan St
Off Market

12 Milligan St

Taree NSW 2430

3
1
1
2064 m²
House
Last sold for $625,000
Steve SmithSteve Smith, last sold this property on 25 September 2025 after 17 days on market.

Overview

Prime Development Opportunity

Unlock the potential of this exceptional A grade development site, ideally positioned in the heart of Taree. Set on an expansive 2,064m2 approx parcel of land, the property currently features an established residence with DA-approved plans for four additional dwellings offering an immediate upside and a clear pathway to maximise your investment. The existing home is currently leased at $400 per week, with a scheduled rental increase to $440 in November, providing holding income as you aim for the next phase of development. With its prime location, scale, and approved plans in place, 12 Milligan Street Taree is a rare development gem in one of the Mid North Coast's most promising regional hubs. Opportunities like this are tightly held and rarely offered. Don't miss your chance to secure a standout site in a rapidly growing area. • Approved plans for 4 additional dwellings in the next Stage • 2,064m2 approx. offering excellent scale for future growth • Adjoining the Chatham Shopping Centre, bakery and cinema, unbeatable convenience for future residents • Three schools within a 1km radius, perfect for families • 2.3km to Taree Train Station, ideal for commuters • 2.7km to Manning Base Hospital • 3km to Taree CBD, offering shopping, dining, and essential services • Hourly bus service • Contact us for a copy of the DA approved plans. Extensive research has been completed including soil testing, drainage, water, sewer, power, building plan, mostly all you have to do is start building. Due to tenant arrangements, inspections are limited to Saturday's open home.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
2064 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Taree over the last 12 months, the estimated median property value of 12 Milligan St is $545k.

Median value
$545k
Estimated value range
$150k - $1.07m
Median days on market
35
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Taree. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12 Milligan St

2025
Sold
$625,000
25 Sep 2025 by Steve Smith, of Ray White Manning Valley
2020
Sold
$430,000
Private Sale/Treaty on 14 Oct 2020 by Rob Chapman, of Ray White Manning Valley
2018
Rented
Undisclosed
Leased on 30 Jan 2018 by Ray White Manning Valley

Happy sellers in Taree

80%
80% of sellers in Taree reported that their sale price either exceeded or met their price expectations.

Taree stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Taree over the last 12 months.

Local market activity for 3 bedroom houses in Taree

In the last 12 months, 151 three-bedroom houses similar to 12 Milligan St, have been sold.

This represents a 16% increase in three-bedroom houses sales when compared to the previous 12 months.

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