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.
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.
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 3,070 properties. Over the last 5 years, Houses in West Tamworth have seen a 60.37% increase in median value, while Units have seen a 65.11% increase. As at 31 July 2024:
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