OFF MARKET

1-6/3 Murray Street
Tamworth NSW 2340

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Land area: 1530m2
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Last updated 28 Oct 2024
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Property Details for 1-6/3 Murray St, Tamworth

1-6/3 Murray St, Tamworth is a 12 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 1530m2.

Building Type
Unit
Land Size
1530m2
Local Government
Tamworth Regional

Last Listing description (January 2024)

When it comes to location it really doesn't get better than this. This 1530m2 block of 6 units is located only a stones throw from the proposed university, Woolworths, medical centre and walking distance to the CBD.

Zoned MU1 Mixed Use, allowing for endless possibilities in the future. Each of the 6 units have an identical floorplan and consists of 2 bedrooms, 1 bathroom and a single lock-up garage. Entry to the units is off Byrnes Avenue avoiding the main road.

With long term tenants these units have been well cared for. Each unit has a functional kitchen leading onto the open plan dining and lounge area. The good-sized bedrooms all have built-ins, with ceilings fans and the backyard area is also separated between each unit allowing tenants to have their own private courtyard area.

An opportunity like this does not come around very often, here is your chance to acquire this 6 unit complex in East Tamworth with endless future potential.

For an information memorandum on this property please contact Amanda Knox on
0434 265 525 or amanda.knox@propertycotam.com.au

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Property History for 1-6/3 Murray St, Tamworth, NSW 2340

A timeline of how this property has performed in the market
  • 22 Sep 2023
    Listed for Sale $1,600,000

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About Tamworth 2340

The size of Tamworth is approximately 1.2 square kilometres. It has 5 parks covering nearly 21.6% of total area. The population of Tamworth in 2011 was 239 people. By 2016 the population was 178 showing a population decline of 25.5% in the area during that time. The predominant age group in Tamworth is 20-29 years. Households in Tamworth are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Tamworth work in a labourer occupation. In 2011, 30% of the homes in Tamworth were owner-occupied compared with 27.4% in 2016.

Tamworth has 1,643 properties. Over the last 5 years, Houses in Tamworth have seen a 75.64% increase in median value, while Units have seen a 112.49% increase. As at 30 September 2024:

  • The median value for Houses in Tamworth is $431,185 while the median value for Units is $334,594.
  • Houses have a median rent of $435 while Units have a median rent of $420.
There are currently 100 properties listed for sale, and 36 properties listed for rent in Tamworth on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Tamworth.

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