98 Anthony Road, South Tamworth NSW 2340

98 Anthony Road, South Tamworth NSW 2340
3-bed, 1-bath 1950s build | 613m² block with 31% coverage | current tenant at $420/week until June 2026 | no overlays on a quiet owner-occupied street This property offers a rare combination of immediate rental income and low-maintenance construction, making it a strong candidate for an investor seeking a hands-off entry into the South Tamworth market. The vinyl-clad and iron roof build reduces ongoing upkeep, while the current lease provides cash flow certainty until mid-2026. The 613m² block with only 31% building coverage leaves room for future value-add, such as a granny flat or landscaping, without immediate pressure to renovate. The street’s 75% owner-occupancy rate signals stable demand and limited turnover, which supports capital growth over a medium-term hold. The main risk is the single bathroom and carport, which may limit appeal to families or owner-occupiers seeking more space. The 1950s timber floorboarding could require refinishing if the property is later sold to a retail buyer. However, the lack of bushfire, flood, or heritage overlays removes major insurance or development hurdles. The $420/week rent already exceeds the suburb’s average yield, and with vacant possession available post-June, an owner-occupier could move in with minimal disruption. Hold for steady rental income or occupy after the lease ends.
Detailed Independent Property Report prepared  by PropCred Analyst team for 98 Anthony Road, South Tamworth NSW 2340
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk ! 1
Income Risk 2
Execution Risk ! 1
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Market Insight

South Tamworth presents as a dynamic, youthful suburb with a robust and accelerating property market. Demand is driven by a working demographic, supported by strong recent capital growth and a brisk sales environment. Future prospects are underpinned by this demographic momentum, though affordability constraints may emerge as a natural check on sustained high growth rates.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

613m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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