OFF MARKET

10/10-12 Lorraine Street
West Tamworth NSW 2340

Bedrooms: -
Bathrooms: 1
Car spaces: -
Land area: 1189m2
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Last updated 16 Dec 2024
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Property Details for 10/10-12 Lorraine St, West Tamworth

10/10-12 Lorraine St, West Tamworth is a 0 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1189m2.

Building Type
Unit
Year Built
1950
Land Size
1189m2
Local Government
Tamworth Regional

Last Listing description (August 2022)

What an investment these units are, when all tenanted, they return approximately $1,200.00 per week in rental income.
8 x bedsit units with separate bathrooms & kitchens.
4 have been upgraded with new reverse cycle air conditioning units, shelving & paint plus their own laundry rooms. There are also 2 communal laundry rooms on-site.

Block size 1,189m2.
Call to book an inspection...Mechelle on m: 0499 007 070.

Property History for 10/10-12 Lorraine St, West Tamworth, NSW 2340

A timeline of how this property has performed in the market
Listed for Rent
$170/w
05 Jul 2021
  • 27 Jun 2021
    Listed for Rent $170 / week
  • 28 Dec 2020
    Listed for Rent $170 / week
  • 04 Dec 2019
    Listed for Rent $160 / week
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About West Tamworth 2340

The size of West Tamworth is approximately 6 square kilometres. It has 17 parks covering nearly 28% of total area. The population of West Tamworth in 2011 was 5,347 people. By 2016 the population was 5,206 showing a population decline of 2.6% in the area during that time. The predominant age group in West Tamworth is 20-29 years. Households in West Tamworth are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Tamworth work in a labourer occupation. In 2011, 46.1% of the homes in West Tamworth were owner-occupied compared with 45.6% in 2016.

West Tamworth has 3,068 properties. Over the last 5 years, Houses in West Tamworth have seen a 68.81% increase in median value, while Units have seen a 57.40% increase. As at 30 November 2024:

  • The median value for Houses in West Tamworth is $373,384 while the median value for Units is $338,766.
  • Houses have a median rent of $380 while Units have a median rent of $335.
There are currently 17 properties listed for sale, and 14 properties listed for rent in West tamworth on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in West tamworth.

Suburb Insights for West 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.