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.
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
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 3,589 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:
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