Suburb Profile Report for North Tamworth NSW (2340)

North Tamworth House: Median price $367,500, Annual capital growth 4.45%, Number of sales 94, Weekly median advertised rent $333

North Tamworth Unit: Median price $265,000, Annual capital growth 3.93%, Number of sales 16, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 2.94% for the last year, North Tamworth, 2340 is the 2368th highest performer in Australia in this respect.

While North Tamworth,2340 ranked number 1232th in NSW for increase in median house value (annualised) increase, it is ranked 723th over the last 5 years.

Property buyers and investors in North Tamworth 2340 should be seeing an average reduction in asking price of around -4.95% . This means that North Tamworth is holding prices well when compared to other suburbs in NSW.

North Tamworth is 270th on a list of best yielding suburbs for rents in NSW with a 4.70% return

North Tamworth, 2340 ranked 512th 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

Taking the average capital gain, or increase in median house value, North Tamworth,2340 has racked up an average of -6.61% over the period. This ranks it number 937th in the whole country for real estate investors looking at median house price increases.

Using the current median advertised rental of $280 and the average annual increase in value of a median property of 3.93%, investors should hope to achieve an overall return of 5.49%

HOUSE UNIT
$367,500 $265,000
-2.78% -14.38%
2.94% -6.61%
4.45% 3.93%
$333 $280
94 16
4.70% 5.49%
95.08 N/A

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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