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Back 5/16 Spence Street
Off Market

5/16 Spence Street

Taree NSW 2430

2
1
1
Unit
Last sold for $425,000
Matt BurnettMatt Burnett, last sold this property on 18 August 2026 after 20 days on market.

Overview

Perfect Opportunity

Perfectly positioned for convenience and comfort, this charming two-bedroom unit at 5/16 Spence Street offers a fantastic opportunity for first-home buyers, down-sizers, or investors alike. The high vaulted ceilings throughout the open living area adds to the sense of space, making it a great place to relax and call home. The home has been updated with new kitchen, floor coverings, fresh paint and includes two good-sized bedrooms, a lock-up garage, and an enclosed outdoor area with plenty of potential for enjoying. With low-maintenance living in mind, this property is a great choice for first-home buyers, downsizers, or investors. Located less than 2 km* from the Manning Base Hospital, Taree's CBD, shopping, and other essentials, this unit is in a handy spot for day-to-day convenience. • High vaulted ceilings • Lock-up garage for secure parking or storage • Undercover outdoor area • Low-maintenance property, perfect for easy living • Less than 2km* to Taree's CBD & Manning Base Hospital A solid investment opportunity in a great location-get in touch today!

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Taree over the last 12 months, the estimated median property value of 5/16 Spence Street is $400k.

Median value
$400k
Estimated value range
$230k - $540k
Median days on market
29
Estimated value trend
29%
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 5/16 Spence Street

2026
Sold
$425,000
18 Aug 2026 by Matt Burnett, of Ray White Manning Valley
2025
Sold
$345,000
06 Mar 2025 by Matt Burnett, of Ray White Manning Valley

Happy sellers in Taree

74%
74% 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 45 reviews in Taree over the last 12 months.

Local market activity for 2 bedroom units in Taree

In the last 12 months, 33 two-bedroom units similar to 5/16 Spence Street, have been sold.

This represents a 3% decrease in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Taree

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Troy Loretan

Sellers who recommend Troy Loretan have praised them for being local expert, clear communication, reliable, responsive, friendly, honest and pleasant

  •   4.9   (110 reviews)
  •  21 Reviews in Taree
  •  40 Sales in Taree
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Matt Viney

Sellers who recommend Matt Viney have praised them for being clear communication, local expert, responsive, friendly, honest, well-prepared and reliable

  •   4.9   (106 reviews)
  •  11 Reviews in Taree
  •  14 Sales in Taree
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Shane Merrick

Sellers who recommend Shane Merrick have praised them for being local expert and clear communication

  •   5   (28 reviews)
  •  4 Reviews in Taree
  •  4 Sales in Taree
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Josh Staines

Sellers who recommend Josh Staines have praised them for being clear communication, local expert, responsive, friendly, great negotiation, reliable and empathetic

  •   4.9   (101 reviews)
  •  3 Reviews in Taree
  •  12 Sales in Taree
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