North Tamworth, NSW 2340: Suburb Profile & Property Report

Market Report

House report
Unit Report

North Tamworth has 155 houses available for sale. The median property price for a house is currently $622,500 with annual capital growth of -0.80% . There were 138 house sales in the past 12 months. On average, houses spend 50 days on market.

If you're thinking about buying an investment property in North Tamworth, consider that rental yields for houses are currently 4.28% with an average median rent of $480 weekly. Houses have seen -6.39% growth in the past quarter, and -0.80% growth in the past 12 months.

The size of North Tamworth is approximately 18.1 square kilometres. It has 9 parks covering nearly 2.1% of total area. The population of North Tamworth in 2011 was 4,090 people. By 2016 the population was 5,159 showing a population growth of 26.1% in the area during that time. The predominant age group in North Tamworth is 20-29 years.

Households in North Tamworth are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in North Tamworth work in a professional occupation. In 2011, 54.8% of the homes in North Tamworth were owner-occupied compared with 55.2% in 2016.

North Tamworth has 25 units available for sale. The median property price for a unit is currently $402,000 with annual capital growth of 19.47% . There were 16 unit sales in the past 12 months. On average, units spend 31 days on market.

If you're thinking about buying an investment property in North Tamworth, consider that rental yields for units are currently 5.54% with an average median rent of $360 weekly. Units have seen -3.13% growth in the past quarter, and 19.47% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$622,500	$402,000
Quarterly growth	-6.39%	-3.13%
12-month growth	-0.80%	+19.47%
Average annual growth	+8.71%	+2.87%
Weekly median rent	$480	$360
Gross rental yield	4.28%	5.54%
Number of Sales (12m)	138	16
Avg. Days on Market (12m)	50	31

Jump to Market Trends

Key Demographics	2011	2016
Total population	4,090	5,159
Population change (5y)	+20.79%	+26.10%
Median household income (p/w)	$909	$1,173
Household income change (5y)	+30.04%	+29.04%
Median age of persons	43	39

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in North Tamworth is $622,500 for houses and $402,000 for units.

The Median Growth in North Tamworth over the past 12 months is -0.80% for houses and 19.47% for units.

Over the past 12 months there were 138 houses sold and 16 units sold in North Tamworth. On average, houses spent 50 days on market and units spent 31 days on market.

In the past 12 months up to August 2024 there were 138 houses sold and 16 units sold in North Tamworth. On average, houses spent 50 days on market and units spent 31 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in North Tamworth is $480 for houses and $360 for units.

The Rental Yield in North Tamworth is 4.28% for houses and 5.54% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of North Tamworth was 5,159 in 2016, a +26.10% change compared to 2011.

The predominant age group in North Tamworth is 20-29 years.

The population of North Tamworth was 5,159 in 2016, a +26.10% change compared to 2011.

The predominant age group in North Tamworth is 20-29 years.

Most of the population in North Tamworth were born in Australia.

Most of the population in North Tamworth report their religion as Anglican.

Most of the population in North Tamworth report their income range as between $78,000 and $130,000 .

The median household income in North Tamworth was $1,173 in 2016, a +29.04% change compared to 2011.

Most of the population in North Tamworth report their income range as between $15,000 and $31,000 .

The median household income in North Tamworth was $909 in 2011, a +30.04% change compared to 2006.

Most of the population in North Tamworth work as Professional.

The chart below demonstrates the various levels of education in North Tamworth.

Most of the population in North Tamworth reached a qualification level of Certificate.

2011 2016

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While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.

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