East Tamworth has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.64% 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
Vendor discounting in East Tamworth is giving property investors an average Vendor Discount of around -6.68%. This puts suburb at number 288th in NSW when ranking the most discounted suburbs.
In the last year 103 properties changed hands in East Tamworth, which puts it as the 265th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 4.18%, investors should hope to achieve an overall return of 4.56%
Giving property investors a a solid capital gain of 12.68% for the last year, East Tamworth, 2340 is the 279th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, East Tamworth has given property investors a paper return of 8.94%. This puts Suburb as 47 on a list of fastest fasting appreciating suburbs in NSW
East Tamworth2340 is located in NSW which offers an average discount of -4.45% to property investors. East Tamworth itself is showing figures that indicate -7.42% is the average achievable by property buyers investing in the suburb.
With the median price for a house in East Tamworth being $231000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 5.63%