Tamworth

NSWTier 3UnknownNegativeEarly· New build eligible ✓
53
/100
Policy
▼ DOWNGRADED
Rank #25

Tamworth is the primary service hub for north-west NSW — regional hospital, government services, and agricultural supply chains. The Country Music Festival is a tourism asset but the investment case rests on structural residential demand. At $640k and $453/wk, gross yield is 3.7% — price growth has significantly outpaced rent growth, turning what was an affordable high-yield market into a negative cashflow investment at current entry prices.

Data noticeMarket metrics: 2026·Population: independently verified (2023)·Metrics are progressively reviewed and refreshed
Gross Yield
3.68%
Rent Growth
+4.8%
Price Growth
+6.2%
Vacancy
1%
Median Price
$640k
Weekly Rent
$453
Population
42k
Income Level
Low-Med
NG Dependence
High
National Rank
#25

Tamworth's cashflow model depends significantly on negative gearing deductibility. Under proposed 2026 budget changes restricting NG on existing residential property purchases from July 2027, investors in this market face increased holding costs unless rents grow materially before the proposed commencement date. Verify the legislative status and your specific position with a registered tax adviser before transacting.

80% LVR at 6.5% interest. Indicative only.
Annual Rent
$23,556
Annual Interest
$33,280
Net Pre-Costs
$-9,724
NG Required?
Yes
At 4.8% annual rent growth. Model estimate only.
PeriodWeekly rentAnnual rentvs. InterestStatus
Now$453/wk$23,556$-9,724Near-pos
Year 1$475/wk$24,687$-8,593Near-pos
Year 2$498/wk$25,872$-7,408Near-pos
Year 3$521/wk$27,113$-6,167Near-pos
Year 4$546/wk$28,415$-4,865Near-pos

Tamworth is the primary service hub for north-west NSW — regional hospital, government services, and agricultural supply chains. The Country Music Festival is a tourism asset but the investment case rests on structural residential demand. At $640k and $453/wk, gross yield is 3.7% — price growth has significantly outpaced rent growth, turning what was an affordable high-yield market into a negative cashflow investment at current entry prices.

Negative cashflow — price growth since 2020 has compressed yield materially. High NG dependence means July 2027 policy changes add holding cost pressure. Agricultural catchment carries weather and commodity risk. Smaller buyer pool than larger regional centres. Source: REA + PRD Q1 2026. Verify independently before transacting.

3.7% yield at $640k = $23,556 annual rent vs $33,280 annual interest (80% LVR, 6.5%) = -$9,724. Negative cashflow. High NG dependence. New builds eligible for NG retention under current policy.

North-west NSW agricultural hub — services employmentTamworth Country Music Festival — tourism employmentTamworth Hospital — regional referral centre
53 / 100
Rental yield signal
+10
Rental momentum
+10
Yield vs. price spread
+7
Supply tightness
+11
Economic fundamentals
+8
Market liquidity
+7
Discovery discount
0
Policy adjustment+-3pts
Total score53

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Last reviewedJune 2026
Data vintage2026
ConfidenceHigh
StatusVerified

Model estimates only. Not financial advice. Verify independently.

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