OFF MARKET

5 Petra Avenue
South Tamworth NSW 2340

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Floor area: 4m2
Land area: 835m2
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Property Details for 5 Petra Ave, South Tamworth

5 Petra Ave, South Tamworth is a 4 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 835m2 and floor size of 4m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
Unit
Floor Size
4m2
Land Size
835m2
Local Government
Tamworth Regional
Lot/Plan
57/DP28232

Last Listing description (August 2023)

This Torrens Title unit complex boasts a solid blonde brick construction and terracotta roof tiles with one carport space allocated for each resident to comfortably protect their vehicles. Each unit offers a large bedroom with a built-in wardrobe/dresser, providing ample storage space and an open plan living design with reverse cycle split system for year-round comfort. Thoughtful touches abound in these units, with a separate laundry featuring a single wash tub and an external door leading to common grounds. The bathroom is equipped with a shower over bath, basin, toilet, and a linen cupboard, catering to the diverse needs of tenants. Situated across the road from Tamworth South Primary School and only a short walk around the corner will lead you to Tamworth High School, a bustling shopping complex, expansive sporting grounds and Entertainment options with multiple clubs/pubs nearby.


Great investment opportunity to buy four units on one torrens title
Each unit currently leased at $200p/w grossing $41,600 per annum
Spacious common grounds with plenty of off-street parking and yard
Made up of 2 x 2 bedroom free-standing dwellings plus 4 car wide carport

Property History for 5 Petra Ave, South Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$480,000
23 Mar 2017
  • 01 Jun 2023
    Listed for Sale EXPRESSIONS OF INTEREST
  • 01 Nov 2022
    Sold
  • 23 Mar 2017
    Sold for $480,000
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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 3,608 properties. Over the last 5 years, Houses in South Tamworth have seen a 57.31% increase in median value, while Units have seen a 63.36% increase. As at 30 September 2024:

  • The median value for Houses in South Tamworth is $414,953 while the median value for Units is $351,846.
  • Houses have a median rent of $415 while Units have a median rent of $300.
There are currently 19 properties listed for sale, and 9 properties listed for rent in South tamworth on OnTheHouse. According to CoreLogic's data, 179 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.