FOR SALE
New Build
$619,000

Contact Agent For Address
Tamworth NSW 2340

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 161m2
Land area: 537m2
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DUAL OCCUPANCY -TAMWORTH NSW - HIGH RENTAL INCOME

The Tamworth central business district is the town centre and is located north of the Peel River. It is primarily a business area of Tamworth, with many shops, restaurants, car dealerships, as well as shopping centres and public facilities. The Tamworth Regional Council has its headquarters in Peel Street at Ray Walsh House. Bicentennial Park and number one cricket oval are also located in the suburb.
Tamworth is primarily a service centre for the New England and North West regions, providing services to a population of some 200,000 plus people from the Tamworth region and satellite areas. The retail industry is the biggest employer, followed by manufacturing and health services. The industries with the most number of businesses in order are property and business services, agriculture and construction, closely followed by finance and insurance services. With a diverse economy agriculture, education, transport and aviation are major industries.
Aviation has been a significant part of the local economy, partly due to the town's exceptionally suitable flying weather, with the former East West Airlines and Eastern Airlines having had service and maintenance bases at the Tamworth Airport. Qantaslink currently conducts heavy maintenance on its DHC8-400 fleet at its Tamworth base. The Tamworth airport is home to the former Bae systems flight training academy complex, capable of accommodating and training up to 150 students at any time. New operators are currently being sought following the withdrawal of Bae from military flight training in 2020. The Australasian Pacific Aeronautical College and New England Institute of TAFE in the town also provide aeronautical training.
Agriculture is an important industry in the Tamworth economy. An estimated 307,000 hectares (760,000 acres) of land are used for the agricultural industry, with an economic gross value of $75 million contributing to the Tamworth economy.[34] Important agricultural activities include beef, sheep, grain, dairy, poultry and lucerne.[34] Other agricultural areas include alpaca, buffalo, berry, fish, goat, hydroponic, nut, olive, and specialised game fowl farming, as well as wineries.[34] Offices for the Department of Agriculture and the Department of Infrastructure, Planning and Natural Resources are located in Tamworth.
VERY STRONG MARKETPLACE WITH HIGH DEMAND FOR HOUSING
Current vacancy factor 1.4%
DUAL OCCUPANCY - lot 21 Corbel Close Parklane Gardens - West Tamworth
Total: 4 beds, 2 baths and 1 car
Unit 1: 2 beds + 1 bath + 1 garage
Unit 2: 2 beds + 1 bath - no car
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Property Details for Contact Agent For Address, Tamworth

Contact Agent For Address, Tamworth is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 537m2 and floor size of 161m2. The place is currently for sale with My Property Shop.

Building Type
House
Floor Size
161m2
Land Size
537m2

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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 1,630 properties. Over the last 5 years, Houses in Tamworth have seen a 82.95% increase in median value, while Units have seen a 66.63% increase. As at 30 November 2024:

  • The median value for Houses in Tamworth is $450,152 while the median value for Units is $333,517.
  • Houses have a median rent of $450 while Units have a median rent of $420.
There are currently 80 properties listed for sale, and 17 properties listed for rent in Tamworth on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Tamworth.

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Kaye Tilley
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John Tilley
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My Property Shop
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