Question 1

Is South Tamworth a nice place to live?

Accepted Answer

South Tamworth is an inner-south suburb with an established, residential feel. Tree-lined streets of weatherboard cottages and brick homes sit alongside some newer single-storey builds. It is close to the city centre, so shops, schools and sporting grounds are easy to reach while quieter streets and local parks remain close by.

The suburb attracts families, tradespeople and older homeowners and is home to 6,621 people with a median age of 37. Homes are slightly more likely to be rented than owned, with 50.5% rented and 49.6% owner-occupied. Local retail strips, community clubs and good road and regional transport links cover everyday needs. Council-led active-transport works added 1.5 metre footpaths and a shared path on several streets including Anthony Road, and proposals include a new medical and wellbeing centre on Hillvue Road and a proposed lease for the former basketball stadium on Anne Street. Whether South Tamworth suits you depends on the mix and access you want.

Question 2

Is it expensive to live in South Tamworth?

Accepted Answer

On the figures for South Tamworth, buying a house sits well above what local households earned at the last Census. The median house price of $562,315 is about 10.5 times a typical local annual household income at the last Census (median weekly household income $1,029 × 52 = $53,508).

Renting looks less stretched than buying but still takes a sizeable share of local incomes. A house rent of $475 a week would be about 46.2% of a typical local household's weekly income at the last Census, a large share, while a unit rent of $350 a week would be about 34.0% of that income, a sizeable share. For someone renting rather than buying, those rent shares are the most relevant measures.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is South Tamworth a good place to invest?

Accepted Answer

The clearest movement over the past year is on the house side: median house values in South Tamworth climbed 22.1%, a strong rise. House rents also increased, up 8.0% over the year, a solid gain but noticeably smaller than the jump in values.

Units paint a different picture: median unit values edged down 0.8% while unit rents rose 9.4%, so rental income for units grew faster than their prices. If you are weighing South Tamworth as an investment, these figures show capital growth dominated the house market this year, whereas the unit market saw rent growth without capital growth; which outcome matters most will depend on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$562K	N/A
Change in value Past 12 months	22.1%	-0.8%
Sold Past 3 months	42	3
Median days on market Past 12 months	25	54
Average rent Past 12 months	$475	$350
Change in rent Past 12 months	8.0%	9.4%

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