East Tamworth has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.79% to date .
Comparing East Tamworth,2340 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in East Tamworth should be aiming for at least -5.85% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 3.93%, investors should hope to achieve an overall return of 4.33%
East Tamworth, 2340 ranked 44th in NSW when comparing growth in median property values or capital gain over the last 12 months. East Tamworth is one of 3163 in our list for NSW
Over the longer term, East Tamworth has seen property prices show investors a 35.09% return over the last 3 years. This is worse than over the last 12 months
East Tamworth is 72th on a list of best yielding suburbs for rents in NSW with a 5.23% return