27 Cliffdale Place

Kootingal NSW 2352

Now, improving transport connectivity (especially the fast-growing Tamworth Regional Airport and the new rail intermodal facility at Tamworth Global Gateway Park), has paved the way to realise the full potential of this unique advantage.
In 12 of the past 15 years (2008 to 2022) the population growth of Tamworth (ABS data) exceeded that of Regional NSW. Tamworth region's average population growth during this period was 11% higher than that of Regional NSW.
Nearly two thirds (61%) of Tamworth's local workers are in their prime working young age of between 25 to 54 years (ABS 2021).
As a result of its well-diversified nature (between manufacturing and services - with agriculture, food processing and healthcare among the major industries) Tamworth's economy is naturally resilient.

Option 1: Dual Occupancy in Tamworth (Kootingal)
Land Size: 704 sqm (North-facing)
Location: Close to shops, train station, and schools
Low vacancy rate: Approx 0.9%
Strong capital growth: Approx 13% median price increase
Estimated Rental Return: Approx $830 per week

Agriculture is the prime engine industry in most regional areas. Agriculture is a crucial part of Armidale's economy, with more demand expected with growing population.
Education has been a traditional mainstay of the Armidale city economy. New England Renewable Energy Zone (REZ) is intended to have a network capacity of eight gigawatts. The New England REZ is currently the largest in Australia and is the backbone to Australia' slow carbon future. Most of the renewable energy facilities developed as part of the New England REZ are expected to be located proximate to the major transmission corridors through our region.
There are record less number of properties for sale. There is currently 40 percent less properties for sale than this time 5-years ago.
Houses in Armidale rent out for around $450 per week, with an annual rental yield of 4.8%.
Armidale is a university town with a large student population, which can contribute to rental demand.
"Smart Property Investment Fast 50" ranking: Armidale was recently one of four NSW suburbs named in the highly coveted Smart Property Investment Fast 50 ranking for 2024.
Premium Market: Armidale and Liverpool Plains established themselves as more premium markets over 2024.
Armidale has experienced a capital growth of 19.08% over the past three years, including a 13% increase in the last 12 months. This upward trend indicates a strong potential for continued capital gains in the foreseeable future.

Option 2: Dual Occupancy in Armidale
Land Size: Large East-facing block
Location Highlights:
Approx 5 mins to the University of New England
Approx 9 mins to Armidale Hospital
Approx 8 mins to Armidale Airport
Low vacancy rate: Approx 2%
Employment demand: Approx 1 in 3 residents work in health & education

Estimated Rental Return: Approx $930 per week

Disclaimer: We have been furnished with the above information; however, AB Property consultants gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.

Please contact our TEAM AB before this is sold.

Disclaimer:
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This artist impression and computer-generated images (3D) are for illustrative purposes only.