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.
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
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:
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