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Tamworth suburb profile

Tamworth, located in New South Wales, is renowned as the "Country Music Capital of Australia," hosting the annual Tamworth Country Music Festival, which draws visitors from across the globe. This vibrant regional city offers a blend of cultural heritage and modern amenities, with a strong sense of community. Surrounded by picturesque landscapes, Tamworth provides a range of outdoor activities, including hiking and horse riding. The city boasts excellent educational facilities, healthcare services, and a growing economy, making it an attractive destination for families and professionals seeking a balanced lifestyle with a touch of country charm.

Tamworth property market performance

Tamworth’s property market has displayed modest growth over the past 12 months. House values have increased by 3.5%, although the median house price remains unavailable. Unit values have stayed stable, with no recorded change. In terms of sales, 6 houses were sold, while no units were transacted during this period, leaving the median days on market for both property types at zero.

The rental market in Tamworth shows a stable trend for house rents, maintaining an average of $435 without significant changes over the past year. However, unit rents surged by 22.9%, reaching an average of $430, indicating growing demand in the rental sector.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
3.5%N/A
Sold
Past 3 months
6N/A
Median days on market
Past 12 months
N/AN/A
Average rent
Past 12 months
$450$425
Change in rent
Past 12 months
1.1%21.4%

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Tamworth demographics

Tamworth, located in the New England region of New South Wales, is renowned for its country music heritage and vibrant cultural scene. Despite its small population of just 189 residents, the suburb offers a close-knit community atmosphere. The median age of 49 suggests a mature population, with many residents likely enjoying the peaceful rural lifestyle that Tamworth provides. The area is known for its scenic landscapes and agricultural activities, which contribute to its charm and appeal.

The household composition in Tamworth is diverse, with a notable proportion of one-parent families, accounting for 36.7% of the total. Couple families without children also make up a significant portion at 36.7%, reflecting a mix of family dynamics within the community. The median total household income weekly is $697, indicating a modest economic environment, which is typical for rural areas where the cost of living is generally lower compared to urban centers.

In terms of property ownership, a significant 65.7% of properties are rented, highlighting the suburb's appeal to those seeking rental accommodations. Meanwhile, 28.6% of properties are owned outright, suggesting a stable base of long-term residents who have settled in the area. With its unique blend of cultural heritage, natural beauty, and community spirit, Tamworth offers a distinctive lifestyle for those who appreciate the tranquility and simplicity of rural living.

Suburbs near Tamworth

Some popular suburbs near Tamworth include:

  • South Tamworth: Known for its residential charm and community facilities, South Tamworth is located directly south of Tamworth.
  • West Tamworth: Featuring a mix of residential and commercial areas, West Tamworth is situated to the west of Tamworth.
  • East Tamworth: Known for its heritage homes and leafy streets, East Tamworth lies to the east of Tamworth.
  • Calala: Offering a suburban lifestyle with modern amenities, Calala is located to the southeast of Tamworth.
  • North Tamworth: Known for its proximity to healthcare facilities and educational institutions, North Tamworth is situated to the north of Tamworth.

How does Tamworth compare to nearby suburbs?

  • Median house prices: Tamworth’s median house price is 29.8% higher than South Tamworth’s.
  • House price growth: Property prices in nearby South Tamworth have risen 18.9% more than in Tamworth over the past year.

Choose the right real estate agents in Tamworth

Currently, there are 60 real estate agents working in 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 60 agents sold 28.9% of all properties in 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 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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