SOLD
Sold on 16 Jul 2024 for $690,000

6 Bent Street
West Tamworth NSW 2340

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 43m2
Land area: 815m2
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Property Details for 6 Bent St, West Tamworth

6 Bent St, West Tamworth is a 1 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 815m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom House sold in West Tamworth in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
43m2
Land Size
815m2
Local Government
Tamworth Regional
Lot/Plan
33/DP39358

Last Listing description (December 2021)

Without a doubt it has never been a better time to invest in real estate and this is no exception. The low vacancy rates and good returns in a rising market it makes this a great opportunity for you to buy and to invest in this 4 unit complex.

The units a well built and ready to go with established tenants. These sorts of investments are few and far between. We believe an opportunity like this will not last long and should be inspected before it goes, so don't wait contact us today to discuss & inspect.


Facts:
Layout: 3 x 1 bedroom units and 1 Studio Unit
Rates: Approx $7000 per year
Water: Approx $1500 per year
Insurance: Approx $1500 per year
Current market rent - $900 per week (4 x units)
PEST AND BUILDING INSPECTIONS AVAILABLE

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Property History for 6 Bent St, West Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$690,000
16 Jul 2024
  • 16 Jul 2024
    Sold for $690,000
  • 23 Dec 2021
    Sold for $540,000
  • 09 Jul 2020
    Listed for Sale $550,000
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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.

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