South Tamworth, 2340 ranked 1253th in NSW when comparing growth in median property values or capital gain over the last 12 months. South Tamworth is one of 3163 in our list for NSW
Taking the average capital gain, or increase in median house value, South Tamworth,2340 has racked up an average of -1.43% over the period. This ranks it number 2882th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in South Tamworth should be aiming for at least -7.30% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in South Tamworth being $241500 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 6.46%
At number 1243th in the list of Australian suburbs ordered by increase in median house value over the last year, South Tamworth, 2340 is in the BOTTOM 30% with a property value increase of -1.45% 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 -1.45% over the period. This ranks it number 1148th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.13% offered to property buyers. Sellers in South Tamworth itself are offering an average vendor discount of -6.90% to real estate investors.
Property investors should expect to get $225 weekly from the median priced house in this suburb.