If you compare the increase in value of investment property in North Tamworth, 2340 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 0.68%.
A 39.62% growth in median value for property investors in North Tamworth,2340 puts this suburb at number 1228th in terms of best performing suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in North Tamworth, 2340. Typically our figures indicate that -5.27% is being offered, which puts this NSW suburb at 2156th most discounted overall in Australia.
North Tamworth is 216th on a list of best yielding suburbs for rents in NSW with a 4.74% return
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 -2.86%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in North Tamworth has increased when compared to the 5 year average annual rate.
In the last year 27 properties changed hands in North Tamworth, which puts it as the 396th most active market in NSW when comparing the number of sales per suburb.
North Tamworth, 2340’s gross rental yield is 5.09%