4/162 Goonoo Goonoo Road, West Tamworth NSW 2340

4/162 Goonoo Goonoo Road, West Tamworth NSW 2340
2-bed strata unit | one bathroom, one car space | sold 2018 for $167,500 | 923 mยฒ site context | West Tamworth location This unit sits within a medium-sized strata complex on a 923 mยฒ site, which is a reasonable landholding for a two-bedroom apartment in West Tamworth. The configurationโ€”two bedrooms, one bathroom, one parking spaceโ€”is a standard but functional layout that suits first-home buyers, downsizers, and investors seeking low-maintenance accommodation. The suburb itself is an established regional area with steady demand from owner-occupiers and renters alike, so this property should attract a broad buyer pool. Its previous sale in May 2018 for $167,500 provides a historical benchmark, though market conditions have shifted since then. The value of this unit may be influenced by its strata site size and the quality of finishes, which are not detailed in available records. The 923 mยฒ landholding for the complex suggests shared outdoor space and common areas, but without knowing the exact floor level or aspect, it is difficult to assess privacy or natural light. The building age and renovation status are unknown, so a buyer should factor in potential maintenance costs or the need for updates. These unknowns might create negotiation room, but they also mean a thorough inspection and review of strata records are essential before forming a price view.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 4/162 Goonoo Goonoo Road, West Tamworth NSW 2340
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Market Insight:

West Tamworth is positioned as an entry point for the market, attracting first home buyers with its affordability and established housing stock. Demand is driven by these buyers seeking houses, supported by consistent sales activity and rising rental rates. Recent price trends show strong growth, with a market moving quickly as indicated by low days on market. Future drivers include sustained buyer interest and rental demand, though the market’s sensitivity to broader economic conditions remains a key consideration for its trajectory.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

923mยฒ

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