North Tamworth vs Sanctuary Point

Houses cost about the same in both suburbs: the median house price is $720K in North Tamworth and $720K in Sanctuary Point.

For units, North Tamworth sits at a median of $530K against $560K in Sanctuary Point, which makes North Tamworth the more affordable unit market and Sanctuary Point the pricier one.

On cash flow, North Tamworth leads: houses there return a gross rental yield of 4.09%, compared with 4.00% in Sanctuary Point, a gap of 0.09 percentage points.

Over the past year house prices moved +15.2% in North Tamworth and +2.9% in Sanctuary Point, so recent momentum favours North Tamworth, although both suburbs recorded growth.

Looking back three years, North Tamworth houses are +35.7% and Sanctuary Point houses +8.0%, so North Tamworth has compounded faster than Sanctuary Point over the longer window.

Rental vacancy is 2.0% in Sanctuary Point and 2.5% in North Tamworth, so landlords in Sanctuary Point face less competition for tenants.

Sanctuary Point is the bigger suburb, with a population of 7,874 against 6,273, larger than North Tamworth; a larger suburb usually means a deeper pool of buyers and tenants.

In short: North Tamworth for rental income, North Tamworth for recent price momentum, Sanctuary Point for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.