Suburb Profile Report for West Tamworth NSW (2340)

West Tamworth House: Median price $241,250, Annual capital growth 3.75%, Number of sales 115, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

West Tamworth is in the bottom 10% in NSW when comparing median price capital growth over the last year. West Tamworth gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.13%.

If we look at median property appreciation over just the last three months, West Tamworth has given property investors a paper return of 2.66%. This puts Suburb as 639 on a list of fastest fasting appreciating suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that West Tamworth is offering property investors an average of -5.23. This rate of discount on properties puts Suburb at number 143th in terms of most discounted suburbs in NSW

At number 2881 in a list of fastest selling suburbs, West Tamworth is in the bottom 30% of suburbs in Australia with an average of days on market 103.91 for properties listed there.

Metrics i HOUSE UNIT
$241,250 N/A
2.66% N/A
-6.13% N/A
3.75% N/A
$300 N/A
115 N/A
6.47% N/A
103.91 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 5347
Median household income ($/weekly) 726
Median age of persons 33
Median housing loan repayment ($/monthly) 1280
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 818 15.3
    25-34 years 677 12.7
    35-44 years 596 11.1
    45-54 years 644 12.0
    55-64 years 519 9.7
    Others 2094 39.2
    Age Group
    Census Count Percent(%)
    Not Married 2063 56.1
    Registered Married 1213 33.0
    Defacto Relationship 402 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4690 94.1
    Papua New Guinea 45 0.9
    Philippines 28 0.6
    United Kingdom 71 1.4
    Other 33 0.7
    Others 119 2.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 21 0.4
    Christianity 3953 82.2
    Islam 9 0.2
    Other Religious Groups 21 0.4
    No Religion 795 16.5
    Others 11 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 241 12.6
    $400-$599 335 17.6
    $600-$799 288 15.1
    $800-$999 214 11.2
    $1,000-$1,249 201 10.5
    Others 629 33.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1733 45.8
    Employed, worked full-time 1101 29.1
    Employed, worked part-time 585 15.5
    Unemployed, looking for work 247 6.5
    Employed, away from work 118 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 212 11.8
    Technicians & trades workers 288 16.0
    Community & personal service workers 224 12.4
    Sales 202 11.2
    Labourers 434 24.1
    Others 442 24.5
    Occupation
    Census Count Percent(%)
    Pre-school 123 10.1
    Infants/Primary 500 41.0
    Secondary 334 27.4
    Technical or Further Educational Institution 162 13.3
    University or other Tertiary Institutions 78 6.4
    Others 23 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4486 88.9
    Flat, unit or apartment 302 6.0
    Semi-detached, row or terrace house, townhouse 255 5.1
    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 1044 51.3
    Fully owned 536 26.4
    Being purchased 439 21.6
    Other tenure type 15 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals