NSW has seen average median house prices change by 7.93% which means that East Tamworth, 2340 has done well for property investors by showing a capital gain of 8.22% over the last year
If we look at median property appreciation over just the last three months, East Tamworth has given property investors a paper return of 1.28%. This puts Suburb as 613 on a list of fastest fasting appreciating suburbs in NSW
East Tamworth2340 is located in NSW which offers an average discount of -5.55% to property investors. East Tamworth itself is showing figures that indicate -6.75% is the average achievable by property buyers investing in the suburb.
In the last year 111 properties changed hands in East Tamworth, which puts it as the 232th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $350 mark per week – giving a return of 4.61% based on the median price in Suburb
Giving property investors a a solid capital gain of 17.81% for the last year, East Tamworth, 2340 is the 156th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, East Tamworth,2340 has racked up an average of 17.81% over the period. This ranks it number 862th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in East Tamworth should be aiming for at least -7.19% off the asking price, which is the average vendor discount being achieved at the moment.
East Tamworth is 27th on a list of best yielding suburbs for rents in NSW with a 6.38% return