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PRD Tamworth Market Update 1st Half 2026

Page 1

Tamworth Market Update 1 st H a l f 2 0 2 6

FUTURE DEVELOPMENTS

OVERVIEW

In Q1 2026, Tamworth* recorded a median house price of $650,000, and a median unit price of $398,750. This is an annual (Q1 2025 – Q1 2026) price growth of 21.5% for houses and by 15.6% for units. Between Q1 2025 – Q1 2026 house sales decreased, by -17.6% (to 234 for houses in Q1 2026) and by -19.2% (to 21 sales in Q1 2026). The house and unit market is currently undersupplied, creating a buffer against higher interest rates in early 2026. Thus, now remains an ideal opportunity for owners to capitalise on their investments. With a limited number of new ready-to-sell stock in the 2026 pipeline prices are expected to increase, thus buyers must act fast.

CHANGE FROM LAST

YEAR

Tamworth will see approximately $760.1M of new developments due to commence construction in 2026. Residential $43.1M Mixed-Use

HALF YEAR

$112.6M Infrastructure

HOUSE SALE S

$31.4M

HOUSE ME DIAN PRICE

Commercial $556.7M

HOUSE RE NTAL PRICE

UNIT SALE S There are quite a few residential and mixed-use projects bringing new stock to Tamworth; including:

UNIT ME DIAN PRICE UNIT RE NTAL PRICE

$ MARKET CONDITIONS MEDIAN PRICE Q1 2026

$650K

$399K

MEDIAN PRICE Q1 2026

$530

SALES

AVERAGE DAYS ON MARKET Q1 2026

57

29

HOUSE

U N I T

RENTALS

$410

Arcadia Estate Hillvue Residential & Commercial Subdivision (939 vacant land lots)

29-31 White Street Units (14 Units)

15 Manilla Road (11 Dwellings)

Although there are new ready-to-go residential developments in the pipeline (24 houses and 52 units), this will not be enough to answer current demand, especially compared to Q1 2026 sales (234 house sales). Further, vacant land lots will take time to build into housing. Thus, an undersupply is most likely to continue, pushing up property prices in the short run.

AVERAGE DAYS ON MARKET Q1 2026

24

24

HOUSE

U N I T

52 Units/ Apartments

24 Dwellings

1,253 Lots


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