West Tamworth is a mid-sized suburb in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 5,471, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $55K per year, with an average household size of 2.3 people. The most common occupations are labourers, community & personal service, professionals. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in West Tamworth is $475,000, having surged 11.8% over the past year. Units have a median price of $351,000 (+0.4% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,300.
West Tamworth is served by 4 schools, including 2 primary, 1 secondary, 1 special. The average ICSEA score is 914, which is below the national average of 1,000. Public transport access includes 115 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, West Tamworth offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($475K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +11.8% year-on-year.
West Tamworth is a mid-sized suburb in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 5,471, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $55K per year, with an average household size of 2.3 people. The most common occupations are labourers, community & personal service, professionals. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in West Tamworth is $475,000, having surged 11.8% over the past year. Units have a median price of $351,000 (+0.4% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,300.
West Tamworth is served by 4 schools, including 2 primary, 1 secondary, 1 special. The average ICSEA score is 914, which is below the national average of 1,000. Public transport access includes 115 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, West Tamworth offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($475K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +11.8% year-on-year.