Lot 214 Wattle Street, Kootingal NSW 2352
Dual Key Property
2 Bed | 1 Bath | 1 Car Garage
2 Bed | 1 Bath
Tamworth, often referred to as the “capital city” of the New England North West region of New South Wales, is a vibrant and dynamic city on the rise, offering a plethora of opportunities for investors and residents alike. Here’s a brief overview of why Tamworth is an appealing location for investment and economic prosperity:
Tamworth’s Economic Strength
- Population: Tamworth is home to a growing population of 64,459 as of 2022.
Gross Regional Product (GRP): The city boasts a substantial GRP of $3.69 billion, indicating its economic vitality.
- Local Jobs: With over 31,000 local jobs, it provides ample employment opportunities.
- Key Sectors: Tamworth’s economy is diversified, with significant contributions from manufacturing, agriculture, construction, and healthcare sectors.
- Tamworth Global Gateway Park: This 246-hectare development project is set to be an “Economic Engine Room” for regional New South Wales.
It features a Business Park, General Industrial zone, and Heavy Industrial zone, creating new business and investment prospects.
- Intermodal Freight Facility: A purpose-built Intermodal Rail Freight Facility, operated by Qube Holdings, provides direct links to major ports, enhancing trade opportunities for regional businesses.
- Tamworth Regional Tourism Precinct: Located at the southern entrance to the city, this precinct will provide a world-class visitor experience and strengthen Tamworth’s role as the primary regional centre.
- Tamworth Aviation Precinct: The Tamworth Regional Council’s Aviation Precinct is one of the largest regional airports in Australia, offering opportunities in pilot training and aviation maintenance.
- Economic Development Strategies: Tamworth has well-defined strategies like “Tamworth Tomorrow” and “Blueprint 100” to drive economic growth and regional prosperity.
- Lifestyle and Culture: Tamworth is not only about economic opportunities but also offers a high quality of life with a diverse arts and culture scene, numerous recreational activities, and a burgeoning foodie culture.
In sum, Tamworth’s strategic location, robust economy, and commitment to development make it a compelling choice for investors and those seeking a vibrant regional lifestyle. The city’s growth initiatives, infrastructure, and diverse cultural experiences underscore its promise as a prime destination for investment and prosperity. Whether it’s business or lifestyle, Tamworth has much to offer, making it an exciting prospect for potential investors.
|Home area||111 m²|
|Title Status||March 2024|
|* these figures are an estimate only, based on current average rates and current relevant figures.|