South Tamworth has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.12% to date .
Taking the average capital gain, or increase in median house value, South Tamworth,2340 has racked up an average of 6.12% over the period. This ranks it number 2892th in the whole country for real estate investors looking at median house price increases.
At number 285th of NSW’s most discounted properties, South Tamworth is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $310 and the average annual increase in value of a median property of 2.26%, investors should hope to achieve an overall return of 6.20%
Investment property in South Tamworth has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.63%
South Tamworth,2340 has offered an average of -2.63% return per annum in house price rises to property investors over the last three years.
The most recent median price for South Tamworth is $185000, with sellers offering an average of -5.39% off the asking price.
With the median price for a house in South Tamworth being $185000 and the advertised rent reaching $220 the gross rental yield for property investors calculates out to be 6.18%