Tamworth is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 189, the suburb has a mature demographic with a median age of 49. Households earn a median income of $36K per year, with an average household size of 1.7 people. The most common occupations are community & personal service, sales, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Tamworth is $975,000, having dropped significantly 39.9% over the past year. Units have a median price of $343,000 (-2.1% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,950.
Tamworth is served by 9 schools, including 6 primary, 1 secondary, 2 combined. The average ICSEA score is 927, which is below the national average of 1,000. Public transport access includes 1 rail station, 18 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Tamworth offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($975K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 26.9x is considered stretched. House prices have moved -39.9% year-on-year.
Tamworth is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 189, the suburb has a mature demographic with a median age of 49. Households earn a median income of $36K per year, with an average household size of 1.7 people. The most common occupations are community & personal service, sales, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Tamworth is $975,000, having dropped significantly 39.9% over the past year. Units have a median price of $343,000 (-2.1% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,950.
Tamworth is served by 9 schools, including 6 primary, 1 secondary, 2 combined. The average ICSEA score is 927, which is below the national average of 1,000. Public transport access includes 1 rail station, 18 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Tamworth offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($975K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 26.9x is considered stretched. House prices have moved -39.9% year-on-year.