Suburb Profile Report for North Tamworth NSW (2340)

North Tamworth House: Median price $377,000, Annual capital growth 5.01%, Number of sales 104, Weekly median advertised rent $340

North Tamworth Unit: Median price $292,500, Annual capital growth 3.07%, Number of sales 28, Weekly median advertised rent $288

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in North Tamworth, 2340 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.26%

When looking at the potential capital gains offered to property investors over the last 3 years, North Tamworth comes in at number 1272th in NSW.

The most recent median price for North Tamworth is $377000, with sellers offering an average of -5.09% off the asking price.

On average over the past year, suburb has had 8.67 sales per month, which equates to 104 per year.

North Tamworth, 2340’s gross rental yield is 4.69%

North Tamworth, 2340 ranked 513th in NSW when comparing growth in median property values or capital gain over the last 12 months. North Tamworth is one of 3163 in our list for NSW

A 42.68% growth in median value for property investors in North Tamworth,2340 puts this suburb at number 116th 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 -3.51% is being offered, which puts this NSW suburb at 1153th most discounted overall in Australia.

Residents and property investors in North Tamworth have been waiting around 70 days to sell a property.

Advertised rents are around the $287.5 mark per week – giving a return of 5.11% based on the median price in Suburb

Metrics i HOUSE UNIT
$377,000 $292,500
-2.08% 4.46%
-0.26% -5.49%
5.01% 3.07%
$340 $288
104 28
4.69% 5.11%
87.78 70

Source: CoreLogic

DSR Score for property investment : Above average (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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Recent sales & rentals