Suburb Profile Report for North Tamworth NSW (2340)

North Tamworth House: Median price $367,500, Annual capital growth 4.77%, Number of sales 96, Weekly median advertised rent $330

North Tamworth Unit: Median price $280,000, Annual capital growth 3.16%, Number of sales 26, Weekly median advertised rent $280

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 9.74% which means that North Tamworth, 2340 has done well for property investors by showing a capital gain of 0.00% over the last year

Taking the average capital gain, or increase in median house value, North Tamworth,2340 has racked up an average of 0.00% over the period. This ranks it number 2576th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that North Tamworth is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 548th in terms of most discounted suburbs in NSW

Property investors should expect to get $330 weekly from the median priced house in this suburb.

North Tamworth is in the bottom 20% in NSW when comparing median price capital growth over the last year. North Tamworth gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.75%.

While North Tamworth,2340 ranked number 142th in NSW for increase in median house value (annualised) increase, it is ranked 371th over the last 5 years.

North Tamworth, 2340’s gross rental yield is 5.20%

Metrics i HOUSE UNIT
$367,500 $280,000
3.52% 4.67%
0.00% -1.75%
4.77% 3.16%
$330 $280
96 26
4.67% 5.20%
87.42 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 4090
Median household income ($/weekly) 898
Median age of persons 42
Median housing loan repayment ($/monthly) 1500
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 404 9.9
    25-34 years 504 12.3
    35-44 years 480 11.7
    45-54 years 517 12.6
    55-64 years 404 9.9
    Others 1782 43.6
    Age Group
    Census Count Percent(%)
    Not Married 1392 49.3
    Registered Married 1170 41.4
    Defacto Relationship 261 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3521 92.9
    Greece 14 0.4
    Papua New Guinea 21 0.6
    United Kingdom 87 2.3
    Other 40 1.1
    Others 107 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 0.7
    Christianity 3090 84.5
    Islam 16 0.4
    Other Religious Groups 14 0.4
    No Religion 497 13.6
    Others 13 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 182 12.0
    $400-$599 242 15.9
    $600-$799 171 11.2
    $800-$999 156 10.2
    $1,500-$1,999 159 10.4
    Others 613 40.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1363 42.9
    Employed, worked full-time 1133 35.7
    Employed, worked part-time 498 15.7
    Employed, away from work 92 2.9
    Unemployed, looking for work 92 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 395 22.9
    Technicians & trades workers 259 15.0
    Community & personal service workers 197 11.4
    Clerical & administrative workers 215 12.5
    Sales 206 12.0
    Others 451 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 69 9.3
    Infants/Primary 249 33.5
    Secondary 232 31.2
    Technical or Further Educational Institution 104 14.0
    University or other Tertiary Institutions 70 9.4
    Others 20 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2554 73.1
    Flat, unit or apartment 501 14.3
    Semi-detached, row or terrace house, townhouse 434 12.4
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 630 40.1
    Fully owned 473 30.1
    Being purchased 440 28.0
    Other tenure type 30 1.9
    Tenure Type
Census 2011, ABS
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