3 Tingira Ave, West Tamworth is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 622m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Great Addition to your Rental Portfolio
A property like this doesn't come along very often with a potential return of above 6% p/a, this 3-bedroom brick home has a tile roof and is in good condition. It has been owner occupied for the last 30 years and represents the perfect addition to any successful rental portfolio. The home features 3 good-sized bedrooms, two with built ins, lounge and separate dining area. Adjoining the lounge is a good-sized verandah / undercover entertaining area with a fully fenced yard and two garden sheds.
Other features of the property include;
- Functional bathroom with combined shower/bath
- Rent potential of $300-310 per week
- Reverse cycle split system
- Ceilings fans in two bedrooms and living areas
- Separate laundry
- 2 x Garden sheds
- Land size 611m2
- Rates $2,200 p/a approx.
This property has potential for any investor to start earning a good return straight away.
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 3,067 properties. Over the last 5 years, Houses in West Tamworth have seen a 59.36% increase in median value, while Units have seen a 59.10% increase. As at 31 August 2024:
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