Tamworth

Why Tamworth?

Tamworth is the main point of economic activity in the New England region of NSW, Australia, which is growing rapidly, benefiting from both continued population increases and investments in infrastructure. With jobs in such major employment sectors as health care, education, logistics, retail trade, agribusiness, defence support industries, and government jobs, there will continue to be a strong need for housing to be provided to both owners and renters.

Housing demand would benefit from Tamworth having its own major hospitals, educational institutions, links to public transportation networks, and both ongoing public and private investments into the urban centre of Tamworth, which gives it the characteristics of a long-term growth market and stable property values.

Investment Highlights

Sustained capital appreciation: Infrastructure development, population stability, and demand for goods will be the long-term drivers of growth.
Strong rental demand/low vacancy rates: Stable demand for tenants associated with health/education/defence services, along with regional professionals.
Consistently high rental yields: Rental yields in the region are above the metropolitan Sydney average.
Diverse economic drivers: Agriculture, Health care, Education, Logistics/Distribution, Retail, and Government are the major industries supporting the economy.
Affordability: Entry prices are 60-90% less than in the Sydney metropolitan area and major New South Wales coastal areas.

Approximate Costs

Typical median housing prices in Tamworth start at about $420,000 (or more), depending on the suburb’s location, size of the land, and quality of construction.
In general, median unit costs are less expensive, averaging approximately $300,000 or higher.

Premium areas, up-to-date buildings, and popular family-oriented communities will command greater price points than rural and/or older homes.

Ideal for: Investors looking for steady growth, strong demand for rental properties, attractive returns and long-term viability in a diverse regional centre with demonstrated economic fundamentals.

Tamworth