SOLD
Sold on 29 Nov 2023 for $990,000

1 Dowell Avenue
North Tamworth NSW 2340

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 88m2
Land area: 1012m2
Sold By
Jacqui Powell
Partner Now Property
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Property Details for 1 Dowell Ave, North Tamworth

1 Dowell Ave, North Tamworth is a 8 bedroom, 4 bathroom House with 4 parking spaces and was built in 1988. The property has a land size of 1012m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 8 bedroom House sold in North Tamworth in the last 12 months.

Building Type
House
Year Built
1988
Floor Size
88m2
Land Size
1012m2
Local Government
Tamworth Regional
Lot/Plan
8/DP668891

Last Listing description (January 2024)

Discover an exceptional investment opportunity in the heart of Tamworth. This block of 4 brick units, each offering 2 bedrooms and 1 bathroom, presents a promising venture for discerning investors. These units are strategically located for maximum convenience, providing residents with easy access to local amenities, schools, parks, and more, fostering a community-centric lifestyle.

The allure of these units extends beyond their prime location. These brick units offer a timeless look and are a great addition to desirable North Tamworth suburb. Each unit reveals well-sized living spaces offer ample natural light, creating a warm and inviting atmosphere. These two bedrooms cater to a variety of tenants, from small families to professionals. Moreover, the inclusion of a fully equipped kitchen and a dedicated laundry in each unit adds to the convenience and appeal. Each have fully equipped bathrooms with both a shower and bathtub plus units 3 & 4 offer second toilets.

Investing in this property is not just a financial decision, but a step towards becoming a part of the vibrant Tamworth community. This opportunity is ideal for those looking to expand their real estate portfolio or seeking a sound investment with great rental returns. With the Tamworth market showing strong growth, these units represent an ideal investment opportunity.

- Unit 1 - $285 per week (in lease until 8/2/24)
- Unit 2 - $310 per week (in lease until 7/3/24
- Unit 3 - $310 per week (in lease until 22/8/24)
- Unit 4 - $310 per week (in lease until 29/2/24
- 4 Units, each with 2 bedrooms, 1 bathroom and 1 carport. Units 3 & 4 have an additional toilet
- Land size 1,012m2 & council rates $7,915 approx. p/a

Property History for 1 Dowell Ave, North Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$990,000
29 Nov 2023
Listed for Rent
$220/w
24 May 2017
  • 29 Nov 2023
    Sold for $990,000
  • 24 Nov 2023
    Listed for Sale $950,000
  • 04 May 2017
    Listed for Rent - Price not available
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About North Tamworth 2340

The size of North Tamworth is approximately 18.1 square kilometres. It has 9 parks covering nearly 2.1% of total area. The population of North Tamworth in 2011 was 4,090 people. By 2016 the population was 5,159 showing a population growth of 26.1% in the area during that time. The predominant age group in North Tamworth is 20-29 years. Households in North Tamworth are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in North Tamworth work in a professional occupation. In 2011, 54.8% of the homes in North Tamworth were owner-occupied compared with 55.2% in 2016.

North Tamworth has 3,467 properties. Over the last 5 years, Houses in North Tamworth have seen a 69.82% increase in median value, while Units have seen a 64.57% increase. As at 31 July 2024:

  • The median value for Houses in North Tamworth is $585,123 while the median value for Units is $343,681.
  • Houses have a median rent of $490 while Units have a median rent of $370.
There are currently 35 properties listed for sale, and 9 properties listed for rent in North tamworth on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in North tamworth.

Suburb Insights for North Tamworth 2340

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.