294 Peel StreetTamworth NSW 2340
Property Details for 294 Peel St, Tamworth
Last Listing description (June 2021)
Located in the heart of Peel Street is this large dual street frontage commercial asset
prime for development (STCA) or buy and hold. National tenancy (Rivers) securing the majority of the premises, local tenancy occupying minor portion from Dowe St. 270m2 of vacant space, looking to secure new tenant at approx. $50,000 PA. Normal market gross income including GST is circa $220,000 PA.
Property History for 294 Peel St, Tamworth, NSW 2340
- 31 Oct 2022Sold
- 24 Oct 2022Sold
- 19 May 2020Listed for Rent - Price not available
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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 1,616 properties. Over the last 5 years, Houses in Tamworth have seen a 76.13% increase in median value, while Units have seen a 72.31% increase. As at 31 October 2024:
- The median value for Houses in Tamworth is $436,290 while the median value for Units is $331,519.
- Houses have a median rent of $435 while Units have a median rent of $420.
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