OFF MARKET

5 Preston Avenue
South Tamworth NSW 2340

Bedrooms: 1
Bathrooms: 3
Car spaces: 1
Floor area: 106m2
Land area: 776m2
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Property Details for 5 Preston Ave, South Tamworth

5 Preston Ave, South Tamworth is a 1 bedroom, 3 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 776m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
House
Year Built
1950
Floor Size
106m2
Land Size
776m2
Local Government
Tamworth Regional
Lot/Plan
60/DP23401

Last Listing description (May 2020)

Owner needs this property sold ASAP and has reduced to an irresistible price to meet market expectations. There is work to be done and heaps of potential. Offering 3 bedrooms, timber floor boards, reverse cycle split system air conditioning, well-sized front verandah and single car garage. Situated on a 771m2 block with in South Tamworth close to Southgate shopping complex and Tamworth High School. Potential rental amount of $290-$310 p/w with a possible 7.1% return. Don't delay your inspection. Contact Dean Cummins and Amy Hughes today! 0429 663 995 or 0417 666 773. Furniture for illustration purposes only.

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

A timeline of how this property has performed in the market
Last Sold
$200,000
17 Apr 2020
Listed for Rent
$310/w
19 Apr 2020
  • 17 Apr 2020
    Sold for $200,000
  • 26 Feb 2020
    Listed for Rent $310 / week
  • 24 May 2019
    Listed for Rent - Price not available
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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.