8/337 Armidale RoadEast Tamworth NSW 2340
Property Details for 8/337 Armidale Rd, East Tamworth
8/337 Armidale Rd, East Tamworth is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 6642m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Last Listing description (November 2015)
**INVESTORS ONLY**
Located just off the A15 Highway and only approx 1.6km from the center of one of Australia's most famous country towns lies this exciting investment opportunity.
Tamworth is known as the Equine capital of Australia due to the high volume of equine events it holds as well as home to the Australian Equine and Livestock Events Centre and of course the annual Tamworth Country Music Festival, which is the second largest country music festival in the world.
With a 7.2% Gross Rental income and 4% rental increases until 2017 this apartment wont last long.
Property History for 8/337 Armidale Rd, East Tamworth, NSW 2340
- 26 Nov 2015Sold for $180,000
- 20 Oct 2015Listed for Sale $174,000
- 06 Jul 2010Sold for $140,000
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0About East Tamworth 2340
The size of East Tamworth is approximately 15.6 square kilometres. It has 19 parks covering nearly 4.2% of total area. The population of East Tamworth in 2011 was 5,212 people. By 2016 the population was 5,337 showing a population growth of 2.4% in the area during that time. The predominant age group in East Tamworth is 40-49 years. Households in East Tamworth are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in East Tamworth work in a professional occupation. In 2011, 66.3% of the homes in East Tamworth were owner-occupied compared with 63.4% in 2016.
East Tamworth has 2,904 properties. Over the last 5 years, Houses in East Tamworth have seen a 64.81% increase in median value, while Units have seen a 64.24% increase. As at 31 October 2024:
- The median value for Houses in East Tamworth is $532,338 while the median value for Units is $351,586.
- Houses have a median rent of $468 while Units have a median rent of $350.
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