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PRD Tamworth Market Update 2nd Half 2025

Page 1

Tamworth Market Update 2 nd H a l f 2 0 2 5

OVERVIEW

In Q3 2025, Tamworth* recorded a median house price of $595,000, and a median unit price of $382,500. This represents an annual (Q3 2024 – Q3 2025) median price growth of 13.9% for houses and 4.1% for units. Total sales increased between Q3 2024 – Q3 2025, by 3.3% for houses (to 285 sales in Q3 2025) and surged by 75.0% for units (to 35 sales in Q3 2025). The surge in unit sales is due to its relative affordability to house prices and low house stock. As a result, house buyers are diverting to units. There is a highly demanded property market in Tamworth*, thus, an ideal time for owners to transact.

CHANGE FROM LAST

YEAR

FUTURE DEVELOPMENTS Tamworth is set to see approximately $88.4M of new projects commence construction in 2025. Residential $7.2M

Commercial $10.1M

HALF YEAR

HOUSE SALE S

Mixed-Use

HOUSE ME DIAN PRICE

Projects $50.5M

Infrastructure $15.0M

HOUSE RE NTAL PRICE

UNIT SALE S

A focus on mixed-use projects will stimulate economic growth through local job creation, and infrastructure projects will improve liveability for the residents. Combined this can attract more people to the area, thus higher demand for housing stock.

UNIT ME DIAN PRICE UNIT RE NTAL PRICE

$ MARKET CONDITIONS MEDIAN PRICE Q3 2025

$595K

$383K

MEDIAN PRICE Q3 2025

$500

SALES

AVERAGE DAYS ON MARKET Q3 2025

64

58

HOUSE

U N I T

RENTALS

$370

AVERAGE DAYS ON MARKET Q3 2025

19

16

HOUSE

U N I T

The main development over 2025 in the Tamworth* area is Servies Group Tamworth Redevelopment mixed-use development (25.7M); which will create more entertainment choices for residents and create local jobs. The only ready-to-go residential project is 15 Manilla Road ($5.3M), adding 11 dwellings. The only other project is Mayne Drive Residential Subdivision; but this brings 47 lots and will need time to build. Although there are new dwellings in the pipeline, this will not be enough to answer current demand; especially when it is compared to Q3 2025 sales (285 houses). Thus, property prices will continue to increase in the short run, for all property types.

11 Dwellings

87 Lots


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