Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

61 Cole Road, West Tamworth NSW 2340

$450,000

Search Band Search Visibility Band

$450k - $500k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 1 Car 725 m²

Listed: yesterday

Overview

Situated at 61 Cole Road, West Tamworth, this established house represents a practical and accessible opportunity for investors, featuring a pragmatic layout with three bedrooms alongside a central bathroom. The residence is designed to cater to everyday living essentials, offering a comfortable living environment that has proven appeal in the affordable rental market.

With a secure, fenced yard and side access, the property extends its usefulness beyond the interior, providing ample outdoor space suited for a variety of uses. This enhances the overall functionality and long-term viability of the home for tenants and investors alike.

Significantly, the house comes with a long-term tenant in place, enabling investors to secure immediate rental income from the acquisition date. This certainty of cash flow, combined with the reasonable price point, makes the property an uncomplicated investment choice for those looking to enter the market or expand an existing portfolio. The home’s straightforward nature and established tenancy highlight its role as a stable and maintainable asset.

While simplicity defines this offering, the property's features provide a foundation for a sustainable investment strategy without complexity, making it well-suited for investors seeking dependable returns supported by a solid residential premise.

Local Market Insights

In West Tamworth, Quiet Listings observed 64 new houses entering the market over the last 30 days, up from 56 during the previous 30-day period, with an average advertised asking price of $845,820. The property type mix of listed properties is predominantly Houses at 84%, followed by land (4%), and villas (4%). The most active agency for houses in the West Tamworth area is currently PRD Nationwide, representing 28% of new listings, followed by Elders Real Estate with 23%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.