East Tamworth is a mid-sized suburb in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 5,417, the suburb has an established demographic with a median age of 40. Households earn a median income of $89K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in East Tamworth is $616,000, having dropped significantly 8.4% over the past year. Units have a median price of $254,000 (-25.2% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,616.
Public transport access includes 97 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, East Tamworth offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($616K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved -8.4% year-on-year.
East Tamworth is a mid-sized suburb in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 5,417, the suburb has an established demographic with a median age of 40. Households earn a median income of $89K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in East Tamworth is $616,000, having dropped significantly 8.4% over the past year. Units have a median price of $254,000 (-25.2% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,616.
Public transport access includes 97 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, East Tamworth offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($616K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved -8.4% year-on-year.