East Tamworth has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.13% to date .
East Tamworth,2340 was ranked 1156 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in East Tamworth should be aiming for at least -6.42% off the asking price, which is the average vendor discount being achieved at the moment.
Investment property in East Tamworth has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.14%
East Tamworth,2340 has offered an average of 5.14% return per annum in house price rises to property investors over the last three years.
East Tamworth2340 is located in NSW which offers an average discount of -4.42% to property investors. East Tamworth itself is showing figures that indicate -7.42% is the average achievable by property buyers investing in the suburb.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 6.01%, without taking into account capital value appreciation, which has been averaging out at 3.40%.