OFF MARKET

5 Susanne Street
South Tamworth NSW 2340

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 851m2
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Last updated 11 Nov 2024
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Property Details for 5 Susanne St, South Tamworth

5 Susanne St, South Tamworth is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 851m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1960
Floor Size
81m2
Land Size
851m2
Local Government
Tamworth Regional
Lot/Plan
65/DP22298

Last Listing description (October 2023)

Conveniently located within walking distance to schools, clubs and shops, 5 Susanne Street in its current form represents a sound investment opportunity with the potential for future development and growth. The home currently features 3 good-sized bedrooms, a combined lounge and dining area, and a functional kitchen with an electric oven and cooktop. The property is currently tenanted with a reliable income stream of $310 per week, with a long-term tenant in place. Also being offered for sale will be 16 Petra Avenue which falls directly behind 5 Susanne Street and offers purchasers the potential to take advantage of the double block for development, subject to council approval.

For more information please contact Belinda McCarthy on 0447 391 206.

- Currently leased for $310 per week with a long-term tenant

- Enclosed backyard
- Large reverse cycle split system
- Potential for future development with the purchase of adjacent property
- Land Size 847m2 & Rates $2,525 p/a approx.

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Property History for 5 Susanne St, South Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$305,000
28 Aug 2023
Listed for Rent
$260/w
16 Sep 2019
  • 28 Aug 2023
    Sold for $305,000
  • 16 Aug 2023
    Listed for Sale $320,000
  • 14 Aug 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 3,582 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.

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