Suburb Profile

Suburb profile for,

South Tamworth, NSW

Located in the dynamic state of NSW (postcode 2340), SOUTH TAMWORTH is a vibrant real estate market. This suburb holds a median house price of $375,000 and has demonstrated an average buying growth of Up 19.0%. Last month, 42 houses were available, with 140 transactions completed in the past year. Properties spend around 42 days on the market, reflecting the area's demand with 806 interested buyers. The average rental yield stands at 5.4%, with a weekly median rent of $270 per week and an average rent growth of Up 5.7%. Rental properties usually stay on the market for 20 days. The population in 2016 was 6547, which changed by -2.20% in the past five years. The median weekly household income is $907, reflecting an income change of +16.88% over the past five years. Residents have a median age of 39 years, and the suburb has an average annual growth for houses of +8.03%. To fully take advantage of SOUTH TAMWORTH's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in SOUTH TAMWORTH, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

South Tamworth, NSW

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
NSW
Suburb
SOUTH TAMWORTH
Postcode
2340
Median price for all dwellings
$375,000
Last 12 months growth return
Up 19.0%
Avg. dwellings for sale in the suburb every month
42
Avg. dwellings sold in the suburb in previous 12 months
140
Avg days on market for a dwelling listing to sell
42 days
Avg. number of people searching in this suburb every month
806
Avg. rental yield per annum
5.40%
Weekly median rent for all dwellings
$270 per week
Median price for all houses
$375,000
Avg. rental yield growth in the previous 12 months
5.40%
Avg. days for a rental listing to find a tennant
20 days
Total suburb population in 2016
6547
Total suburb population change in 5 years up to 2016
-2.20%
Avg. household income per week
$907
Median age of the population in the suburb
39
Historic avg annual growth return per annum in the suburb
8.03%

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