SOLD
RECENT ADVICE
Sold on 05 Dec 2024 for $350,000

256 Bridge Street
West Tamworth NSW 2340

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 724m2
Sold By
Burke & Smyth Real Estate - Tamworth
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Property Details for 256 Bridge St, West Tamworth

Building Type
Commercial
Land Size
724m2
Local Government
Tamworth Regional
Lot/Plan
19/MA/DP37673

Last Listing description (December 2024)

Burke & Smyth Commercial are pleased to offer this entry level investment opportunity placed on the exceptionally busy Bridge Street and surrounded by big retailers Autobarn, Dominos & New and existing QSR operators Shell, McDonalds & GYG and adjacent to the Golf Links Motel. The site is an unincumbered 725m2 and 16mtr frontage. The land is zoned MU1 Mixed Use giving flexibility for a variety of development options

- Currently tenanted to a residential tenant paying $270 per Week
- 725m2 Parcel of Land

- Outstanding frontage on main road
- Existing 2 bedroom home with carport
- First time offered for many decades

Property History for 256 Bridge St, West Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$350,000
05 Dec 2024
Listed for Rent
$210/w
11 May 2012
  • 05 Dec 2024
    Sold for $350,000
  • 08 Nov 2024
    Listed for Sale Auction
  • 02 May 2012
    Listed for Rent - Price not available
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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 18 properties listed for sale, and 13 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.