A market review in April 2010 revealed there were 750 house sales at an average price of $274, 275 in the previous year. Some 81 units sold at an average price of $200,196.
The region offers a variety of dwelling options. While houses make up 80% of the market in Tamworth, relocatable homes, units, townhouses, dual occupancy dwellings and shop-top housing in the CBD are all available. Public housing is also provided and those stocks have recently increased significantly in Tamworth.
House prices in villages surrounding Tamworth are significantly lower than prices in the city and can be bought for under $100,000. At the other end of the range quality executive housing starts at around $500,000 within the city.
House prices in villages surrounding Tamworth are significantly lower than prices in the city and can be bought for under $100,000. At the other end of the range quality executive housing starts at around $500,000 within the city.
Apartments and villas range from two-bed to three-bed to suit singles and young couples and can be bought for under $200,000. Luxury riverside or golf-course properties sell from $350,000.
The sizes of city blocks are also diverse, ranging from 250 to 1000 sq metre properties. Rural residential areas offer five-acre, 10-acre, 20, 50 and 100-acre blocks and all within 25 minutes of the CBD.
