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Tamworth
NSW, 2340 - Tamworth Regional

Thinking about buying in Tamworth? Now could not be a better time, with 2219 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,069,000 with prices in this suburb ranging from $108,000 to $10,799,000. The aproximate distance to the coast is 182 Km.

Household Makeup

Median Weekly Rent $284.33
Median Monthly Mortgage $1541.67
Median Persons Per Bedroom 0.73
Average Household Size 2.00
Average Age 40.67
Average Income $797.67
Average Cars Per Dwelling 1.51
Average Properties Within 50M 113

Housing Stock

Average Property Prices

1 Bed  $970,000
2 Bed  $409,000
3 Bed  $542,000
4 Bed  $757,000
5 Bed  $828,000
6 Bed+$961,000

Tamworth Real Estate Market Outlook

In Tamworth there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Tamworth is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Tamworth changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Tamworth we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Tamworth a better buying opportunity than it may have been in the past.

The city of Tamworth is situated on the Peel River, and acts as the administrative centre of North Western New South Wales. Established in 1850, Tamworth has a rich culture, being commonly known as the ‘Country Music Capital’ of Australia – annually hosting a massive country music festival in January. Tamworth is also known for its equine sports, being home to the largest equine events centre in the southern hemisphere. Tamworth was famously the first place in Australia to be furnished with electric street lighting; the lights were switched on in 1888, earning Tamworth the moniker: ‘The First City of Lights’.

With a population of over 42,800 people, Tamworth is the second-largest inland city in New South Wales, and is almost equidistant between Sydney and Brisbane. Much of Tamworth’s economy lies in aviation and agriculture, with the city having an estimated Gross Regional Product of over $3.6 Billion AUD. Tamworth’s median house price is around $420,000 AUD, remarkably affordable when compared to New South Wales’ overall median of $872,000 AUD. A colourful place with a deep character and a rich history, Tamworth is a wonderful place to own property.

Houses for sale Tamworth

PRD 289-291 PEEL ST, TAMWORTH, NSW, 2340 Beds Bathrooms $1,680,000
Ray White 50 BOURKE ST, TAMWORTH, NSW, 2340 Beds3 Bathrooms1 Parking 1 315000
Ray White UNIT 3, 146 FITZROY ST, TAMWORTH, NSW, 2340 Beds2 Bathrooms1 Parking 2 299390

Local Schools

St Nicholas' Primary School

Tamworth Public School

Tamworth West Public School

Parry School

St Joseph's Primary School

Oxley High School

McCarthy Catholic College

Liberty College

Bullimbal School

Tamworth High School

(While the above schools are located with the suburb of Tamworth there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Tamworth weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.916.532.134.490.24.325.4
Feb1.915.930.738.693.34.222.2
Mar3.214.227.246.195.43.617.6
Apr1.09.323.843.796.13.015.5
May1.05.419.845.095.93.012.1
Jun1.43.916.255.497.73.19.4
Jul1.32.315.949.795.03.410.6
Aug0.92.618.240.593.83.613.9
Sept1.14.922.432.591.53.718.8
Oct1.38.625.234.891.83.822.0
Nov2.612.228.134.190.74.024.9
Dec3.514.930.134.390.34.226.3

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

06-03-2024 $1,750,000 305 MARIUS ST
06-03-2024 $1,750,000 40 BYRNES AVE
21-02-2024 $2,500,000 287 PEEL ST
25-01-2024 $750,000 192 MARIUS ST
24-01-2024 $1,500,000 3 MURRAY ST
13-12-2023 $540,000 11 MACQUARIE ST
30-11-2023 $970,000 13 BOURKE ST
30-11-2023 $510,000 273 MARIUS ST
15-09-2023 $585,000 457 PEEL ST
02-08-2023 $490,000 271 MARIUS ST
31-07-2023 $1,050,000 247 PEEL ST
30-06-2023 $990,000 492 PEEL ST
26-06-2023 $760,000 141 MARIUS ST
21-06-2023 $3,100,000 445 PEEL ST
09-06-2023 $925,000 14 DARLING ST
03-05-2023 $1,000,000 318 PEEL ST
05-04-2023 $400,000 520 PEEL ST
05-04-2023 $12,000 50 BRISBANE ST
05-04-2023 $400,000 520 PEEL ST
05-04-2023 $12,000 50 BRISBANE ST
28-03-2023 $101,000 10 / 459 PEEL ST
17-02-2023 $1,870,000 404 PEEL ST
23-01-2023 $940,000 1 / 459 PEEL ST
09-01-2023 $686,000 242 MARIUS ST
20-12-2022 $1,550,000 11 DOWE ST
16-12-2022 $797,500 224 MARIUS ST
09-12-2022 $875,000 306 PEEL ST
17-11-2022 $5,000,000 365 PEEL ST
14-11-2022 $710,000 21 BOURKE ST
08-11-2022 $825,000 8 DARLING ST
04-11-2022 $1,800,000 305 PEEL ST
13-10-2022 $1,020,000 140 MARIUS ST
16-09-2022 $2,660,000 421 PEEL ST
15-08-2022 $345,000 2 / 459 PEEL ST
03-08-2022 $10,000,000 293 MARIUS ST
21-07-2022 $1,260,000 106 KABLE AVE
23-05-2022 $3,120,000 186 MARIUS ST
19-05-2022 $107,000 3 / 459 PEEL ST
14-04-2022 $340,000 5 MACQUARIE ST
07-04-2022 $705,000 4 DARLING ST
31-03-2022 $750,000 453 PEEL ST
24-03-2022 $770,000 101 MARIUS ST
14-01-2022 $860,000 150 MARIUS ST
21-12-2021 $570,000 160 MARIUS ST
17-12-2021 $1,100,000 82 BRISBANE ST
15-12-2021 $420,000 17 FITZROY ST
10-12-2021 $2,090,000 181 MARIUS ST
23-11-2021 $580,000 235 PEEL ST
01-11-2021 $825,000 2 BRISBANE ST
10-09-2021 $712,000 28 RODERICK ST

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

East TamworthSouth TamworthWest TamworthTamindaNorth TamworthHillvueOxley ValeTintinhullDarukaNemingha

Public Transport


General Points of Interest

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