South Tamworth

POSTAL CODE: NSW, 2340

HOUSE

UNIT

Homeowners and real estate investors betting on SOUTH TAMWORTH, 2340 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 15.12%.

A steady increase in median property prices over a five-year period in the suburb translates to a 33.78% capital gain.

Property investors in SOUTH TAMWORTH enjoyed capital gains of 15.12% over the last 12 months translating to lower returns compared with its peers in the territory.

The 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 $495,000.

Profits due to an upward trend in home prices there averaged 11.26% per annum over a 3-year period.

Home owners selling their properties and realtors in SOUTH TAMWORTH usually have to wait an average of 48.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $470 mark, reflecting a 4.94% increase in returns based on the current median price in SOUTH TAMWORTH.

SOUTH TAMWORTH, 2340 places 219th in Australia based on median property value growth during the quarter.

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

Real estate investors could earn a rental income of $330 based on current median home prices for the suburb.

Average weekly rents on listings have reached the $330 mark, reflecting a 6.13% increase in returns based on the current median price in SOUTH TAMWORTH.

SOUTH TAMWORTH, 2340 ranks 486th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

SOUTH TAMWORTH ranks 12th on the list of best yielding suburbs for rental properties in NSW, posting a 6.13% return.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$495,000	$280,000
Growth Report
Median Quarterly	5.32%	5.66%
Median 12 month	15.12%	-2.44%
Median 3 years	33.78%	8.95%
Median 5 years	91.3%	87.29%
10 years average annual	7.55%	5.32%
Weekly media advert. rent	$470	$330
Time on Market	48.4 days	91.6 days
Gross Rental Yield Percent	4.94%	6.13%

Demographics (Median Values)*

Total Population 49072

Weekly Household Income 1224

Household Size 2.50

Average 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.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type