SOLD
Sold on 07 May 2024 for $375,000

6 Power Street
West Tamworth NSW 2340

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 571m2
Sold By
Tania Clare
Partner Now Property
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Property Details for 6 Power St, West Tamworth

6 Power St, West Tamworth is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 571m2 and floor size of 93m2. 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
93m2
Land Size
571m2
Local Government
Tamworth Regional
Lot/Plan
91/DP234667

Last Listing description (June 2024)

Whether you're a first-time buyer eager to step onto the property ladder or an astute investor seeking a lucrative addition to your portfolio, this charming three-bedroom, one-bathroom home in West Tamworth presents an irresistible opportunity.

The lounge area is spacious and thoughtfully designed to accommodate relaxation and gatherings alike. With a convenient gas point for heating and evaporative air conditioning throughout, consistent climate comfort is ensured. Convenience meets functionality in the tiled meals area adjacent to the kitchen, offering a seamless dining experience for everyday living. The tiled flooring not only enhances aesthetics but also simplifies maintenance, ensuring a hassle-free environment for mealtimes and casual gatherings.

The modern kitchen features laminate benchtops, an electric stove and oven, and ample pantry space, ensuring both style and functionality for your culinary endeavours. Enjoy the convenience of contemporary design combined with practical amenities for effortless cooking and storage solutions. This property offers three spacious bedrooms, providing ample room for relaxation and privacy for you and your family. Experience the charm of the original yet impeccably kept bathroom, complete with a separate toilet for added convenience.

This property offers a single lock-up garage with drive through access to the rear yard for convenient car accommodation, along with a fully-enclosed rear yard providing privacy and security for outdoor activities. The grounds and gardens of this property are meticulously maintained by the tenants, ensuring a picturesque and welcoming outdoor space for enjoyment and relaxation.
Currently tenanted with a lease in place until 3/10/2025, this property yields $380 per week in rental income, set to increase to $395 per week as of 13/12/2024, offering a lucrative investment opportunity. This property, cared for by long-term tenants who treat the home as their own, offers a prime investment opportunity for discerning investors seeking stability and peace of mind. Contact Tania Clare, the selling agent, to schedule your viewing and discover the potential of this remarkable property first hand.

- Three bedrooms the main with built-in wardrobes
- Spacious lounge area and separate meals area
- Modern kitchen, laminate benchtops, electric stove and oven
- Single lock-up garage with drive through access to the rear yard
- Evaporative air conditioning and gas point
- Currently tenanted until 3/10/2025
- Current rental $380/week to increase to $395/week from 13/12/24
- Land size 556m2 Rates approx. $2,600 p/annum

* This information has been prepared to assist solely in the marketing of this property. Whilst all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

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

A timeline of how this property has performed in the market
Last Sold
$375,000
07 May 2024
Listed for Rent
$270/w
17 Feb 2017
  • 07 May 2024
    Sold for $375,000
  • 16 Apr 2024
    Listed for Sale $389,000
  • 24 Apr 2023
    Sold for $335,000
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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 10 properties listed for sale, and 23 properties listed for rent in West tamworth on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in West tamworth.

Suburb Insights for West Tamworth 2340

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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.