2/46 Petra Ave, South Tamworth is a 2 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1980. The property has a land size of 872m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Ideal purchase for all investors, both duplexes have generously proportioned interiors, 2 Bedrooms each, Kitchen and bedrooms have built in wardrobes.
The two duplexes each with a car port, are well positioned in the suburb of South Tamworth close to the local IGA, Doctors Surgery, Dentist, a variety of other shops, schools and public transport.
Each duplex features:
Combined rent return for both duplexes $564.00 p/wk. ($2,426 p/m.)
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:
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