FOR SALE
$1,100,000

391 - 395 Armidale Road
Tamworth NSW 2340

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3756m2
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POSITION AND POTENTIAL - PRIME DEVELOPMENT SITE

• Three titles sold in-line
• Zoned R1
• Dual access off Armidale Road & Porter Street
• Total land area 3,756sqm*
• 1.6km drive to Tamworth CBD*
• 1.1km drive to proposed university site*
• Rates $1,444 per quarter
• Contact the agent for an information memorandum
* (approx.)

Property Details for 391 - 395 Armidale Rd, Tamworth

Building Type
Land
Land Size
3756m2

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About Tamworth 2340

The size of Tamworth is approximately 1.2 square kilometres. It has 5 parks covering nearly 21.6% of total area. The population of Tamworth in 2011 was 239 people. By 2016 the population was 178 showing a population decline of 25.5% in the area during that time. The predominant age group in Tamworth is 20-29 years. Households in Tamworth are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Tamworth work in a labourer occupation. In 2011, 30% of the homes in Tamworth were owner-occupied compared with 27.4% in 2016.

Tamworth has 1,643 properties. Over the last 5 years, Houses in Tamworth have seen a 75.64% increase in median value, while Units have seen a 112.49% increase. As at 30 September 2024:

  • The median value for Houses in Tamworth is $431,185 while the median value for Units is $334,594.
  • Houses have a median rent of $435 while Units have a median rent of $420.
There are currently 100 properties listed for sale, and 36 properties listed for rent in Tamworth on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Tamworth.

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Tyson Rennie
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Ray White Tamworth
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