Investment property in North Tamworth has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.52%
The five-year average increase in median property values for North Tamworth,2340 has given property investors a potential capital gain of 38.68% across each of those five years.
Our latest figures would indicate that property sellers in North Tamworth are currently offering property investors an average price cut of -4.93% below the asking price at the moment.
The NSW suburb of North Tamworth, 2340 is in the Tamworth Regional local government area.
At number 1448th in the list of Australian suburbs ordered by increase in median house value over the last year, North Tamworth, 2340 is in the BOTTOM 20% with a property value increase of -5.73% recorded in median house prices.
If we look at median property appreciation over just the last three months, North Tamworth has given property investors a paper return of -9.25%. This puts Suburb as 528 on a list of fastest fasting appreciating suburbs in NSW
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.44%, without taking into account capital value appreciation, which has been averaging out at 2.95%.