Over the last year, property investments in South Tamworth, 2340 have given investors a capital gain of -2.65%. This compares favourably with the -4.21% for NSW as a whole.
The five-year average increase in median property values for South Tamworth,2340 has given property investors a potential capital gain of 14.44% across each of those five years.
Sellers are offering property buyers an average discount of -8.41% to buyers in South Tamworth at the moment, which is less than average for the rest of NSW.
Advertised rents are around the $310 mark per week – giving a return of 6.26% based on the median price in Suburb
At number 1115th 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 -8.02% recorded in median house prices.
While South Tamworth,2340 ranked number 373th in NSW for increase in median house value (annualised) increase, it is ranked 444th over the last 5 years.
Property buyers and investors in South Tamworth 2340 should be seeing an average reduction in asking price of around -8.63% . This means that South Tamworth is holding prices well when compared to other suburbs in NSW.
In the last year 13 properties changed hands in South Tamworth, which puts it as the 473th most active market in NSW when comparing the number of sales per suburb.