Property value increases in South Tamworth have tracked lower than the NSW average of 11.67% over the last 12 months.
Taking the average capital gain, or increase in median house value, South Tamworth,2340 has racked up an average of 4.45% over the period. This ranks it number 2831th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in South Tamworth are currently offering property investors an average price cut of -8.73% below the asking price at the moment.
Residents and property investors in South Tamworth have been waiting around 134.81 days to sell a property.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 1.98%, investors should hope to achieve an overall return of 6.24%
Over the last year, property investments in South Tamworth, 2340 have given investors a capital gain of 4.35%. This compares badly with the 8.39% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, South Tamworth comes in at number 514th in NSW.
South Tamworth, 2340’s gross rental yield is 6.43%