OFF MARKET

33 Florence Lane
South Tamworth NSW 2340

Bedrooms: 6
Bathrooms: 9
Car spaces: 3
Land area: 586m2
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Property Details for 33 Florence Lane, South Tamworth

33 Florence Lane, South Tamworth is a 6 bedroom, 9 bathroom Unit with 3 parking spaces and was built in 1979. The property has a land size of 586m2.

Building Type
Unit
Year Built
1979
Land Size
586m2
Local Government
Tamworth Regional
Lot/Plan
CP/SP15434

Last Listing description (July 2021)

All three units are approximately same layout and featuring a large open plan living area downstairs, consisting of a combining lounge, kitchen and dining and the laundry is at the back of the unit with an additional toilet. Upstairs are the three large bedrooms all with built-ins and there is a separate bathroom for the other two bedrooms. The main bedroom offers a balcony and a spacious walk-in-robe and ensuite. There are three single lockup garages and each unit has a private enclosed courtyard. This is truly an investment opportunity at a price that can't be beat, in this low interest banking world. Located close to schools, shops, parks and transport and only minutes from the CBD, and offering a solid rental return. Phone Peel Valley Real Estate to arrange an inspection.

* Rates are approximately $5,800
* Gross return of $42,640 per year

Property History for 33 Florence Lane, South Tamworth, NSW 2340

A timeline of how this property has performed in the market
  • 23 Apr 2018
    Listed for Sale $639,000

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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 3,604 properties. Over the last 5 years, Houses in South Tamworth have seen a 63.23% increase in median value, while Units have seen a 59.46% increase. As at 30 November 2024:

  • The median value for Houses in South Tamworth is $431,572 while the median value for Units is $338,521.
  • Houses have a median rent of $420 while Units have a median rent of $300.
There are currently 17 properties listed for sale, and 12 properties listed for rent in South tamworth on OnTheHouse. According to CoreLogic's data, 178 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.