OFF MARKET

4 Matheson Street
West Tamworth NSW 2340

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 104m2
Land area: 608m2
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Property Details for 4 Matheson St, West Tamworth

4 Matheson St, West Tamworth is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 608m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1985
Floor Size
104m2
Land Size
608m2
Local Government
Tamworth Regional
Lot/Plan
202/DP747274

Last Listing description (August 2023)

3 Bedroom House West Tamworth

Great Addition to your Rental Portfolio

This is a property with a potential return of above 6% p/a. This 3-bedroom weather board home has a tile roof and is in good condition. It has linoleum tiles throughout which are hard wearing and ideal for a tenanted property. The is a new kitchen installed with a instant gas hot water system with a variable thermostat. All 3 bedrooms are of good size and the is a split system air conditioner fitted to the lounge room.

Other features of the property include;

- Functional bathroom with separate shower/bath
- Rented currently for $310 per week
- Reverse cycle split system
- Separate laundry
- Land size 612m2
- Rates $2,200 p/a approx.

This property has potential for any investor to start earning a good return straight away.

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Property History for 4 Matheson St, West Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$235,000
17 Jul 2023
Listed for Rent
$300/w
19 Oct 2022
  • 17 Jul 2023
    Sold for $235,000
  • 09 Jul 2023
    Listed for Rent $300 / week
  • 13 Feb 2023
    Listed for Sale $249,000
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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.

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