Property investors who have had real estate in West Tamworth, 2340 should be 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 -4.08%
When looking at the potential capital gains offered to property investors over the last 3 years, West Tamworth comes in at number 1173th in NSW.
Our latest figures would indicate that property sellers in West Tamworth are currently offering property investors an average price cut of -7.62% below the asking price at the moment.
Using the current median advertised rental of $295 and the average annual increase in value of a median property of 3.06%, investors should hope to achieve an overall return of 6.53%