Garthowen is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2345). With a population of 169, the suburb has an established demographic with a median age of 42. Households earn a median income of $109K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Garthowen is $285,000, having dropped significantly 31.3% over the past year. The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,733.
Public transport access includes 16 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Garthowen offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($285K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved -31.3% year-on-year.
Garthowen is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2345). With a population of 169, the suburb has an established demographic with a median age of 42. Households earn a median income of $109K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Garthowen is $285,000, having dropped significantly 31.3% over the past year. The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,733.
Public transport access includes 16 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Garthowen offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($285K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved -31.3% year-on-year.