NSW Tamworth 2340

Discussion in 'Where to Buy' started by Ryoka, 16th Sep, 2020.

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  1. Ryoka

    Ryoka Well-Known Member

    Joined:
    13th Jul, 2017
    Posts:
    263
    Location:
    NT
    What are people's thoughts on Tamworth NSW?

    I bought a 3 bed house for circa $140k and yield is $295. Growth is low but yield is appealing. Im thinking of getting another.

    Fyi - Im just playing with the cards Im dealt...after a divorce i started with $20k savings and nothing else...so my loan capacity only allows me to shop around the $150k mark. $300k properties are out of my range.
     
    Ryoka, 16th Sep, 2020
    #1
  2. Willy

    Willy Well-Known Member

    Joined:
    12th Sep, 2017
    Posts:
    285
    Location:
    NSW
    $140k+$150k= $290k

    Should've spent your max capacity on one property.

    $140k in Tamworth will end up a drug lab sooner or later.

    Avoid anything ending in "dale" in Tamworth....but unfortunately I'd say it's too late.
     
    Willy, 16th Sep, 2020
    #2
    Ryoka likes this.