What $500,000 can buy in the Tamworth residential market.

The 'Leader' is shown what a home buyer can get for $500,000 in Tamworth. Video by Gareth Gardner, September 17, 2024

Transcript

00:00Emma, we've got a four-bedroom, one-bathroom home in Hillview, so it's a brick-and-tile

00:09property on a 626-square-metre block.

00:12You've got polished floorboards throughout, and you've got one main living area and dining

00:16area as well, a recently updated kitchen with electric stove and dishwasher as well, and

00:22you've also got a studio out the back which could be used for photography, daycare as

00:28well potentially.

00:29So buyers are searching in price brackets, so anything between say $400,000 to $600,000

00:50is very hot at the moment.

00:52There's a lot of investors in that price bracket, there's a lot of first-home buyers and owner-occupiers

00:56in that price bracket.