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East Tamworth
AREA REPORTS

East Tamworth

East Tamworth - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2340

house
unit

Property investors have seen a 11.23% gain in EAST TAMWORTH based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on EAST TAMWORTH, 2340 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 15.56%.

Based on its average 5-year and quarterly capital gains EAST TAMWORTH, 2340 saw average growth in the long term.

The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $520,000

Profits averaged 5.62% per annum over a 3-year period, due to an upward trend in home prices in EAST TAMWORTH, 2340.

This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

The gross rental yield in EAST TAMWORTH, 2340 is 4%.

An average of 15.5 real estate transactions take place per month in EAST TAMWORTH which translates to 186 per annum.

Data report can be found below

East Tamworth
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $520,000 $231,000
GROWTH REPORT
Median Quarterly 11.23% -3.75%
Median 12 month 15.56% -12.83%
Median 3 years 16.85% -3.75%
Median 5 years 26.83% -7.23%
10 years average annual 5.26% 3.22%
Weekly media advert. rent $400 $300
Time on Market 73.5 days 82.4 days
Gross Rental Yield Percent 4% 6.75%
demographics (median values)*
Total Population
49072
Weekly Household Income
1224
Household Size
2.50
Age
38
Monthly Loan Repayment
1517
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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