OFF MARKET

1/48 Petra Avenue
South Tamworth NSW 2340

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 110m2
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Last updated 11 Nov 2024
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Property Details for 1/48 Petra Ave, South Tamworth

1/48 Petra Ave, South Tamworth is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 110m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1970
Floor Size
78m2
Land Size
110m2
Local Government
Tamworth Regional
Lot/Plan
1/SP19778

Last Listing description (January 2024)

This fantastic two-bedroom property is more spacious than your typical unit, making it an ideal choice for savvy investors, those seeking to transition from renting, or retirees looking for comfort and convenience.

Positioned right across from the shopping centre, your daily needs are just steps away. Inside, you'll find a generously sized open living area, complete with a recently updated kitchen featuring a gas cooktop and dishwasher.

Stay comfortable year-round with air-conditioning in the living area and a ceiling fan in the main bedroom. Both bedrooms come with built-in wardrobes. The unit also offers a separate laundry and ample storage space for hassle-free living.

Enjoy the added perks of internal garage access and off-street parking. With an expected rental return of approximately $320 per week.

Rental appraisal Approx. $320 per week
Strata fees: Approx. $230 per quarter
TRC rates Approx. $1,634.46 per annum

Don't let this opportunity pass you by. Contact Skye Lambert at 0407 104 463 or Bryan Bolitho at 0408 394 939 today to schedule an inspection and experience the convenience and comfort of this quality unit for yourself.

Property History for 1/48 Petra Ave, South Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$270,000
27 Oct 2023
  • 27 Oct 2023
    Sold for $270,000
  • 03 Oct 2023
    Listed for Sale SOLD - $270,000
  • 06 Apr 2017
    Sold for $215,000
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About South Tamworth 2340

The size of South Tamworth is approximately 6 square kilometres. It has 21 parks covering nearly 6.3% of total area. The population of South Tamworth in 2011 was 6,692 people. By 2016 the population was 6,547 showing a population decline of 2.2% in the area during that time. The predominant age group in South Tamworth is 20-29 years. Households in South Tamworth are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Tamworth work in a labourer occupation. In 2011, 54.3% of the homes in South Tamworth were owner-occupied compared with 50.8% in 2016.

South Tamworth has 3,582 properties. Over the last 5 years, Houses in South Tamworth have seen a 58.97% increase in median value, while Units have seen a 61.09% increase. As at 31 October 2024:

  • The median value for Houses in South Tamworth is $422,169 while the median value for Units is $342,665.
  • Houses have a median rent of $415 while Units have a median rent of $300.
There are currently 15 properties listed for sale, and 6 properties listed for rent in South tamworth on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in South tamworth.

Suburb Insights for South 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.