Tamworth Investment Guide 1st Half 2024
May 20, 2024, 3:47 p.m.20 Year Snapshot of the Tamworth Market
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20 Year Snapshot of the Tamworth Market
Continue reading >In Q1 2024, Tamworth recorded a median house price of $536,250 and a median unit price of $335,000. This represents annual (Q1 2023 – Q1 2024) median price growth of 11.7% for houses and 4.7% for units. Total sales decreased during this time, by -6.0% for houses (to 237 sales) and by -27.3% for units (to 16 sales). Q1 2024 recorded the lowest numb…
Continue reading >As of the December quarter of 2023, housing affordability in New South Wales, Victoria, South Australia, Tasmania, and the Australian Capital Territory have been all at their lowest in 20 years. In the past 12 months (to the December quarter of 2023), the weighted average capital city Australian median house price grew by 5.3% to $$1,005,242, maki…
Continue reading >In Q3 2023, Tamworth recorded a median house price of $529,000, and a median unit price of $375,000. This represents annual (Q3 2022 – Q3 2023) growth of 13.0% for houses and 17.5% for units. Sales volume between Q3 2022 – Q3 2023 declined by -26.0% (to 211 sales) for houses and increased by 23.8% for units (to 26 sales). An undersupply in houses …
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20 Year Snapshot of the Tamworth Market
In Q1 2024, Tamworth recorded a median house price of $536,250 and a median unit price of $335,000. This represents annual (Q1 2023 – Q1 2024) median price growth of 11.7% for houses and 4.7% for uni…
As of the December quarter of 2023, housing affordability in New South Wales, Victoria, South Australia, Tasmania, and the Australian Capital Territory have been all at their lowest in 20 years. In t…
In Q3 2023, Tamworth recorded a median house price of $529,000, and a median unit price of $375,000. This represents annual (Q3 2022 – Q3 2023) growth of 13.0% for houses and 17.5% for units. Sales v…
Australia’s economy is entering a new phase following 12 consecutive cash rate hikes since May 2022. With the cash rate currently in a ‘hold’ pattern (at 4.1%), there is a multiplier effect on all fa…
The PRD Affordable and Liveable Property Guides 2nd half 2023 are available for Brisbane, Sydney, Melbourne, Hobart, Gold Coast, and Perth. These guides provide valuable insights on property trends a…
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The Australian rental market has reached a point of severe stress, with many referring to current conditions as the "rental crisis". This report identifies key suburbs/areas in each capital city that…
In Q1 2023, Tamworth recorded a median house price of $480,000, and a median unit price of $320,000. This represents 9.1% annual (Q1 2022 – Q1 2023) median price growth for houses and -1.5% price sof…