SOLD
RECENT ADVICE
Sold on 05 Nov 2024 for $540,000

2/13 Alice Street
South Tamworth NSW 2340

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 90m2
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Property Details for 2/13 Alice St, South Tamworth

2/13 Alice St, South Tamworth is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in South Tamworth in the last 12 months.

Building Type
House
Floor Size
90m2
Local Government
Tamworth Regional

Last Listing description (November 2024)

Investors... a quality dual key property on one title, both with longstanding tenants, in a prime location... this one tick all the boxes!

Both units are modern and low maintenance, each with 2 bedrooms and 1 bathroom, split system heating and air-conditioning, good storage. Unit 2 also has an additional covered outdoor area.

This property is within easy walking distance to the local supermarket, chemist, hotel, West Leagues Club, football stadium and public pool.

Current rent appraisal for each unit is $330 per week, this would offer annual gross return of $34,320 ($660/week) making this a rare rental gem for the savvy investor.
Both units are periodically rented, Unit 1 at $210 per week and Unit 2 at $260 per week, offering the new investor the opportunity to increase rent and lock in a lease.
Call Rebecca Creighton-Clarke for more details on 0448 938 943.

Property History for 2/13 Alice St, South Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$540,000
05 Nov 2024
Listed for Rent
$250/w
26 Jul 2022
  • 05 Nov 2024
    Sold for $540,000
  • 19 Jul 2024
    Listed for Sale $549,000
  • 01 Jul 2022
    Listed for Rent $250 / week

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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 3,583 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 17 properties listed for sale, and 3 properties listed for rent in South tamworth on OnTheHouse. According to CoreLogic's data, 165 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.