Property investors who have had real estate in East Tamworth, 2340 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.69%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in East Tamworth has increased when compared to the 5 year average annual rate.
East Tamworth2340 is located in NSW which offers an average discount of -5.49% to property investors. East Tamworth itself is showing figures that indicate -5.59% is the average achievable by property buyers investing in the suburb.
With a capital gain of 21.71% for the last 12 months, East Tamworth, 2340 has performed for property investments than its average annual 4.44% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, East Tamworth has given property investors a paper return of 8.48%. This puts Suburb as 54 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for East Tamworth is $249500, with sellers offering an average of -5.70% off the asking price.
East Tamworth, 2340’s gross rental yield is 5.63%