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North Tamworth suburb profile

North Tamworth is a picturesque suburb located in the regional city of Tamworth, New South Wales. Known for its scenic landscapes and welcoming community, North Tamworth offers a peaceful residential environment with easy access to the city's amenities. The suburb is characterized by its mix of modern homes and established properties, catering to families and retirees alike. With its proximity to Tamworth's central business district, residents enjoy convenient access to shopping, dining, and entertainment options. The area's natural beauty, coupled with its friendly atmosphere, makes North Tamworth a desirable location for those seeking a relaxed lifestyle in a regional setting.

North Tamworth property market performance

Current median dwelling price$536,250Past 3 months

Property growth+27.5%Past 12 months

North Tamworth’s property market has seen notable growth over the past 12 months. House values have risen by 6.5%, with the median house price reaching $720,000. Interestingly, the unit market has experienced a significant increase of 48.6%, although the median unit price remains unspecified, likely due to limited sales activity.

In terms of sales, 35 houses and just 2 units have been sold in the past 12 months. Houses typically spend around 52 days on the market, while data on units has not been significant enough to provide an accurate median time on market.

The rental market in North Tamworth has shown consistent growth, with rents for both houses and units rising by 8% over the last year. This indicates a strong rental demand, contributing to the overall positive market performance in the area.

HousesUnits
Median price
Past 3 months
$720KN/A
Change in value
Past 12 months
6.5%48.6%
Sold
Past 3 months
352
Median days on market
Past 12 months
52N/A
Average rent
Past 12 months
$540$405
Change in rent
Past 12 months
8.0%8.0%

5 year median price trend for houses and units

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North Tamworth demographics

North Tamworth, located in the New England region of New South Wales, is a suburb that offers a blend of rural charm and urban convenience. With a population of 6,273, it is a community that balances family life with the tranquility of the countryside. The median age of 38 suggests a mature population, with many residents likely to be established in their careers and family lives. This is reflected in the suburb's family composition, where 42.7% of families are couples with children, indicating a strong family-oriented community.

The housing market in North Tamworth is diverse, with a significant portion of properties being owned outright (26.3%) or with a mortgage (30.3%). This suggests a stable community with a mix of long-term residents and new homeowners. Additionally, 43.4% of the properties are rented, providing options for those seeking flexibility, such as young professionals or families not yet ready to purchase a home. The median total household income of $1,463 per week reflects a moderate economic standing, typical of regional areas where the cost of living is generally lower than in metropolitan centers.

North Tamworth's appeal lies in its ability to offer a peaceful lifestyle while still providing access to essential amenities and services. The suburb is well-suited for families, with a variety of educational and recreational facilities available. Its proximity to the larger town of Tamworth ensures that residents can enjoy the benefits of a regional hub, including employment opportunities and cultural events, while still enjoying the serenity of suburban life.

North Tamworth infrastructure, key developments and investment opportunities

North Tamworth is closely linked to broader growth and renewal across Tamworth, with ongoing investment in health, education and retail facilities supporting its role as a key residential hub. Upgrades and expansions at major health and education precincts in nearby parts of Tamworth, together with steady commercial activity around the city centre, are improving access to jobs and services for North Tamworth residents and underpinning buyer demand. Improved road links and incremental upgrades to local arterials and intersections are also enhancing connectivity to the CBD and industrial employment areas, which may support future price growth.

Local schools and childcare services in and around North Tamworth remain an important drawcard for families, and any future capacity upgrades or refurbishments are likely to further strengthen the suburb’s appeal. Access to parks, sporting facilities and the Peel River corridor contribute to walkability and lifestyle, which supports rental demand and owner-occupier interest. At present there are no widely publicised, large-scale infrastructure or planning changes specific solely to North Tamworth, so market performance is being driven mainly by city-wide growth, population trends and ongoing incremental improvements in local amenities.

North Tamworth rental market trends

The rental market in North Tamworth has shown steady growth, with both house and unit rents increasing by 8% over the past year. The median house rent is now $540 per week, while units are at $405 per week. This balanced growth reflects the suburb's appeal and potential as a desirable location for renters and investors alike.

Suburbs near North Tamworth

Some popular suburbs near North Tamworth include:

How does North Tamworth compare to nearby suburbs?

  • Median house prices: North Tamworth’s median house price is 48.1% higher than West Tamworth’s.
  • House price growth: Over the past 12 months, house prices in North Tamworth have grown 2.9% higher than in Tamworth.
  • Unit price growth: Over the past 12 months, unit prices in North Tamworth have grown 33.1% higher than in West Tamworth.
  • Selling speed for houses: Properties in nearby West Tamworth are selling 40.4% faster than in North Tamworth.

Common questions about North Tamworth

  • Is North Tamworth a nice place to live?

    North Tamworth is a delightful suburb that offers a charming blend of rural tranquility and urban convenience, making it a wonderful place to live. Nestled in the picturesque landscape of the New England region, this suburb is known for its serene environment and welcoming community. Families will find North Tamworth particularly appealing due to its family-friendly atmosphere, with a variety of educational and recreational facilities that cater to both young and mature residents. The suburb's proximity to Tamworth's central business district ensures that residents have easy access to shopping, dining, and entertainment options, providing a balanced lifestyle that combines the best of both worlds.

    Living in North Tamworth comes with the benefit of a peaceful lifestyle, yet it does require some trade-offs. While the suburb offers a relaxed pace of life, those seeking the hustle and bustle of a metropolitan area might find it a bit too quiet. However, the strong sense of community and the natural beauty of the area more than compensate for this, creating a safe and nurturing environment for families. The suburb's connectivity to the larger town of Tamworth means that residents can enjoy the cultural events and employment opportunities of a regional hub while still relishing the serenity of suburban life.

    For families, North Tamworth is an excellent choice, with local schools and childcare services enhancing its appeal. The suburb's access to parks, sporting facilities, and the Peel River corridor adds to its livability, offering plenty of outdoor activities for all ages. While there are no major infrastructure changes specific to North Tamworth at the moment, the ongoing improvements in local amenities and connectivity to the CBD are promising for future growth. Overall, North Tamworth is a charming and peaceful suburb that offers a high quality of life, making it a nice place to call home.

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  • Is it expensive to live in North Tamworth?

    Living in North Tamworth can be a mixed bag when it comes to expenses. The current median house price is around $720,000, which is quite reasonable compared to the sky-high prices in larger cities like Sydney. However, it's important to note that the median unit price data isn't available, which might suggest a limited market for units in the area.

    When it comes to renting, North Tamworth offers a more affordable option. The average rent for houses is about $540 per week, and for units, it's $405. This is relatively manageable, especially when compared to the average full-time wage in New South Wales, which is approximately $95,000 per year. The local median total household income is $1,463 per week, which aligns well with the rental prices, making it a viable option for many residents.

    Overall, while the housing market in North Tamworth is not as expensive as in metropolitan areas, the cost of buying a house might still be a significant consideration for some. However, with reasonable rental prices and a decent household income, living in North Tamworth can be quite affordable, especially if you're looking for a balance between cost and lifestyle in a regional setting.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is North Tamworth a good place to invest?

    North Tamworth is showing promising signs as a solid investment suburb, especially when you look at the recent data. Over the past 12 months, the median house value has increased by 6.5%, which is a healthy growth rate, indicating a steady demand for houses in the area. However, the standout figure is the impressive 48.6% increase in median unit values. This surge suggests a significant rise in interest for units, possibly driven by affordability or lifestyle preferences, making it an exciting prospect for investors focusing on units.

    Additionally, the rental market in North Tamworth is thriving, with both house and unit rents increasing by 8.0% over the last year. This consistent rise in rental prices reflects a strong demand from tenants, ensuring a reliable rental income for property investors. The combination of rising property values and rental income potential makes North Tamworth an attractive option for those looking to invest in real estate. With its steady growth and appealing rental market, North Tamworth offers a balanced opportunity for both capital appreciation and rental yield.

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Choose the right real estate agents in North Tamworth

Currently, there are 11 real estate agents working in North Tamworth—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 11 agents sold 80.0% of all properties in North Tamworth over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in North Tamworth typically charge a commission of 1.95% to 3.25%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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