SOLD
Sold on 14 May 2024 for $445,000

56 Gunnedah Road
West Tamworth NSW 2340

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 97m2
Land area: 695m2
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Property Details for 56 Gunnedah Rd, West Tamworth

56 Gunnedah Rd, West Tamworth is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 695m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in West Tamworth in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
97m2
Land Size
695m2
Local Government
Tamworth Regional
Lot/Plan
2/DP39358

Last Listing description (June 2024)

Great opportunity for owner operator to occupy the shop and residence which is currently available with vacant possession.

The Tamworth region has a forecast for increasing rental yields and capital growth as the region continues to grow and expand.

Features:

- 3 bedroom family residence + store room or office, 1 bathroom
- Double drive through garage with side access.
- Nice sunny backyard with great corner position
- Plenty of Solar panels to keep bills very low
- Shop front with great exposure
- Zoning R1 General residential
- Across the road from Taminda Industrial Park
- 5 mins drive to Tamworth CBD

Property History for 56 Gunnedah Rd, West Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$445,000
14 May 2024
  • 14 May 2024
    Sold for $445,000
  • 07 Sep 2023
    Listed for Sale By Negotiation
  • 11 Nov 2022
    Listed for Sale $525,000
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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 3,058 properties. Over the last 5 years, Houses in West Tamworth have seen a 67.55% increase in median value, while Units have seen a 60.21% increase. As at 31 October 2024:

  • The median value for Houses in West Tamworth is $367,706 while the median value for Units is $342,948.
  • Houses have a median rent of $365 while Units have a median rent of $338.
There are currently 9 properties listed for sale, and 23 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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Michael Ceresko
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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.