Powered by MOMENTUM MEDIA
AREA REPORTS

East Tamworth

Suburb Profile

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

house
unit

Property investors have seen a -2.3% drop in EAST TAMWORTH based on a decrease in median home prices for the past three months.

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 $425,000

Profits averaged 2.17% 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 $360 based on current median home prices for the suburb.

The gross rental yield in EAST TAMWORTH, 2340 is 4.4%.

An average of 8 real estate transactions take place per month in EAST TAMWORTH which translates to 96 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $425,000 $245,000
GROWTH REPORT
Median Quarterly -2.3% -2%
Median 12 month -4.49% 10.11%
Median 3 years 6.52% 15.54%
Median 5 years 18.22% 19.51%
10 years average annual 4.39% 3.39%
Weekly media advert. rent $360 $270
Time on Market 93.5 days 106.9 days
Gross Rental Yield Percent 4.4% 5.73%
demographics (median values)
Total Population
5361
Weekly Household Income
1003
Household Size
2.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Simon Cohen

Advantages of a buyer’s agent in a challenging market

As the property market continues to show strong growth due to undersupply, low credit and a strong case of FOMO, it is becoming tougher for ...

5 non-traditional ways

5 non-traditional ways to buy property

As society changes, so too should our expectations of the ways we can make property ownership dreams a reality, according to an expert. ...

No need to rush: Property ladder not a priority

The delay in the uptake of property ownership by young Australians is less about affordability issues and more about longer lifespans, a new...

How much do you need to become a property investor

How much do you need to become a property investor?

Before diving headfirst into the market and looking for the perfect property, aspiring property investors are strongly advised to plan out ...

Auction

Auctions continue to soar across combined capitals

The combined capital cities saw 2,571 homes go under the hammer, marking it as the second-busiest auction week all year. ...

Registration cancelled for dodgy builder

Registration cancelled for dodgy builder

Property investors have been given a timely reminder to check the credentials of their builders following reports of falsifying claims. ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.