Suburb Profile Report for West Tamworth NSW (2340)

West Tamworth House: Median price $248,000, Annual capital growth 3.61%, Number of sales 108, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report

West Tamworth is in the bottom 40% in NSW when comparing median price capital growth over the last year. West Tamworth gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.55%.

West Tamworth,2340 has offered an average of 3.55% return per annum in house price rises to property investors over the last three years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in West Tamworth itself are offering an average vendor discount of -7.82% to real estate investors.

Often selling an investment property can take time, and in West Tamworth the average time real estate has been on the market is 109.09 days.

Situated 308.12km from the CBD, West Tamworth is one of Tamworth Regional localities in the postcode 2340.

Metrics i HOUSE UNIT
$248,000 N/A
-0.80% N/A
3.55% N/A
3.61% N/A
$295 N/A
108 N/A
6.19% N/A
109.09 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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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
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Recent sales & rentals