Investment property in North Tamworth has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.83%
While North Tamworth,2340 ranked number 1230th in NSW for increase in median house value (annualised) increase, it is ranked 805th over the last 5 years.
The most recent median price for North Tamworth is $360000, with sellers offering an average of -4.96% off the asking price.
Often selling an investment property can take time, and in North Tamworth the average time real estate has been on the market is 98.8 days.
North Tamworth, 2340’s gross rental yield is 4.91%
Property value increases in North Tamworth have tracked lower than the NSW average of 5.88% over the last 12 months.
North Tamworth,2340 has offered an average of -10.85% return per annum in house price rises to property investors over the last three years.
With the median price for a house in North Tamworth being $265000 and the advertised rent reaching $282.5 the gross rental yield for property investors calculates out to be 5.54%