AREA REPORTS

North Tamworth

Suburb Profile

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

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unit

Property investors enjoyed capital gains of 9.09% over the last 12 months in NORTH TAMWORTH, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 6.13% growth over a ten-year period. It ranks 1267th on our list of suburbs that property investors should look into.

NORTH TAMWORTH, 2340 has a capital gain of 9.09% for the past year, which is higher than average compared to its 35.48% growth within a five-year period.

With the median home price in NORTH TAMWORTH sitting at $420,000, and the average rent at $365, property owners could potentially earn a 4.52% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in NORTH TAMWORTH are low, as opposed to average gains per annum over the past five years.

NORTH TAMWORTH, 2340 in NSW belongs to the local government area of Tamworth Regional.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $420,000 $289,000
GROWTH REPORT
Median Quarterly 0.6% 1.94%
Median 12 month 9.09% 0.09%
Median 3 years 15.54% 10.1%
Median 5 years 35.48% 25.65%
10 years average annual 6.13% 3.1%
Weekly media advert. rent $365 $290
Time on Market 91.6 days 91.4 days
Gross Rental Yield Percent 4.52% 5.22%
demographics (median values)
Total Population
3385
Weekly Household Income
701.3
Household Size
2.10
demographics
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