With a capital gain of 0.00% for the last 12 months, South Tamworth, 2340 has performed for property investments than its average annual 1.83% property growth over the last 5 years.
While South Tamworth,2340 ranked number 764th in NSW for increase in median house value (annualised) increase, it is ranked 1021th over the last 5 years.
South Tamworth, 2340 is offering NSW ‘s 330th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
On average over the past year, suburb has had 9.33 sales per month, which equates to 112 per year.
Property investors should expect to get $300 weekly from the median priced house in this suburb.
At number 1015th in the list of Australian suburbs ordered by increase in median house value over the last year, South Tamworth, 2340 is in the BOTTOM 50% with a property value increase of 1.39% recorded in median house prices.
Taking the average capital gain, or increase in median house value, South Tamworth,2340 has racked up an average of 1.39% over the period. This ranks it number 726th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in South Tamworth is giving property investors an average Vendor Discount of around -4.97%. This puts suburb at number 153th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in South Tamworth the average time real estate has been on the market is 109 days.
Using the current median advertised rental of $230 and the average annual increase in value of a median property of 4.06%, investors should hope to achieve an overall return of 6.55%