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NSW › West Tamworth › Goonoo Goonoo Rd

118 Goonoo Goonoo Rd, West Tamworth NSW 2340

For saleHouse for Sale

$1,175,000

For sale

Asking

10

Bedrooms

4

Bathrooms

20

Car spaces

4,377 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,175,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,175,000(Listing record · 22 Jan 2026)
  • FactLand 4,377 m²; no building size recorded.(Property record)
  • CalculationAsk is 180% above the West Tamworth median recorded sale ($420,000, n=18, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at West Tamworth's advertised median rent ($440/wk), implied gross yield would be 1.95% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,175,000

Asking · $268/m² of land

No recorded sale for this property.

West Tamworth at a glance

5,899

People

$420,000

Median sale

$440/wk

Median rent

5.45%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full West Tamworth report →

Vs West Tamworth

+179.8%

Median sale

Suburb $420,000

-3.50 pp

Gross yield

Suburb 5.45%

Suburb median $420,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,175,000
Stamp Duty (New South Wales)
$47,287
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,226,154

$51,154 on top of the price (4.4% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with West Tamworth's advertised median rent — not a rent for this listing.

Net yield
0.45%
Annual cashflow (pre-tax)
$-55,845
Interest cover (DSCR)
0.09
Annual rent
$22,880
Operating expenses
$17,625
Loan amount
$940,000
Annual interest
$61,100
Gross yield
1.95%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,175,000available21 Jan 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $440/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

West Tamworth in one glance

West Tamworth at a glance

5,899

People

$420,000

Median sale

$440/wk

Median rent

5.45%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full West Tamworth report →

Keep researching

  • Why West Tamworth? Read the area thesis →
  • What else is on the market in West Tamworth →
  • Other records on Goonoo Goonoo Rd →

Listing material

Listed by Dotcom Property Sales

Bunk house accomodation facility

An exciting opportunity is offered with this substantial two-storey building positioned on a generous 4,300m² (approx.) parcel of dual-zoned land (R1 General Residential & RE2 Private Recreation) in one of Tamworth’s most prominent and highly visible locations.

Known as The Bunkhouse, the property was originally constructed as five squash courts, with two courts converted into shared budget accommodation. The building has historically operated as bunkhouse-style accommodation for up to approximately 60 occupants. To continue use as accommodation, refurbishment and upgrading would be required to meet current standards, presenting an opportunity for buyers to enhance and revitalise the property for this purpose.

Alternatively, the property offers flexibility for a range of other uses (STCA), including:

Read the full description

- Medical

- Gym or fitness centre

- Place of worship

- Office or consulting rooms

- Community or recreational use

- Childcare centre

- Crisis accommodation facility

The substantial two-storey structure provides expansive internal areas, while the generally level and accessible site offers extensive on-site parking and excellent exposure to the busy Goonoo Goonoo Road, ensuring strong accessibility and visibility.

The property is further enhanced by a scenic mountain backdrop, creating an attractive setting for both commercial and community-focused uses.

Key Features:

- Approx. 4,300m² landholding

- Dual zoning: R1 General Residential & RE2 Private Recreation

- Substantial two-storey building

- Bunkhouse-style accommodation (refurbishment required to continue use)

- Multiple alternative use options (STCA)

- Extensive on-site parking

- Prominent Goonoo Goonoo Road frontage

- Scenic mountain outlook

This is a rare opportunity to secure a large, adaptable property with strong refurbishment or repurposing potential (STCA) in a high-profile Tamworth location.

Disclaimer:

All information contained herein is provided for general information purposes only and does not constitute an offer or representation. While care has been taken, no warranty is given by the owner or agent as to the accuracy or completeness of the information. Interested parties must rely on their own enquiries and professional advice in relation to the property, approvals and suitability for any intended use.

Listing description written by Michal Ciereszko, Dotcom Property Sales — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.