NSW/
West tamworth

Suburb Profile

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

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

A survey of average capital gains or median home price increase in suburbs across the country shows that WEST TAMWORTH, 2340 obtained a 3.83% growth over a ten-year period. It ranks 1980th on our list of suburbs that property investors should look into.

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

WEST TAMWORTH, 2340 has a capital gain of 7.66% for the past year, which is higher than average compared to its 19.06% growth within a five-year period.

With the median home price in WEST TAMWORTH sitting at $253,000, and the average rent at $300, property owners could potentially earn a 6.17% increase in gross rental yield.

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

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $253,000 $201,500
GROWTH REPORT
Median Quarterly 1.2% -6.28%
Median 12 month 7.66% N/A
Median 3 years 17.67% -1.71%
Median 5 years 19.06% N/A
10 years average annual 3.83% N/A
Weekly media advert. rent $300 $260
Time on Market 119.0 days 103.2 days
Gross Rental Yield Percent 6.17% 6.71%
demographics (median values)
Total Population
5575
Weekly Household Income
615.3
Household Size
2.40
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West Tamworth, NSW
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