OFF MARKET

40 Petra Avenue
South Tamworth NSW 2340

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 71m2
Land area: 702m2
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Property Details for 40 Petra Ave, South Tamworth

40 Petra Ave, South Tamworth is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 702m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1975
Floor Size
71m2
Land Size
702m2
Local Government
Tamworth Regional
Lot/Plan
35/DP23706

Last Listing description (December 2020)

Torrens' Title unit block featuring 2 x 2 bedroom units and a 1 x 1 bedroom unit all with off street parking accommodation. With polished floorboards and renovated kitchens this is a great opportunity to get a fantastic investment return. Walking distance to schools, shops and transport, these units all have long term tenants and are currently returning $540 per week. Rarely do you get a great rental return so close to all amenities. This is your chance to add to your investment portfolio or dive into the real estate market.Keen to bid on this property? Click here and register today:https://auctionnow.com.au/properties/65561

Property History for 40 Petra Ave, South Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$360,000
05 Nov 2020
  • 05 Nov 2020
    Sold for $360,000
  • 06 Oct 2020
    Listed for Sale Auction
  • 20 Feb 2002
    Sold for $132,500

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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, 162 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.