North Tamworth is a mid-sized suburb in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 6,273, the suburb has an established demographic with a median age of 38. Households earn a median income of $76K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in North Tamworth is $733,000, having surged 33.2% over the past year. Units have a median price of $700,000 (+48.9% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,625.
North Tamworth is served by 1 school, including 1 secondary. The average ICSEA score is 936, which is below the national average of 1,000. Public transport access includes 92 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, North Tamworth offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($733K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.6x is considered moderate. House prices have moved +33.2% year-on-year.
North Tamworth is a mid-sized suburb in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 6,273, the suburb has an established demographic with a median age of 38. Households earn a median income of $76K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in North Tamworth is $733,000, having surged 33.2% over the past year. Units have a median price of $700,000 (+48.9% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,625.
North Tamworth is served by 1 school, including 1 secondary. The average ICSEA score is 936, which is below the national average of 1,000. Public transport access includes 92 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, North Tamworth offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($733K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.6x is considered moderate. House prices have moved +33.2% year-on-year.