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Co-living on the Rise: $11 Million Development Planned for Tamworth CBD

Tamworth’s skyline could soon be seeing a shift with plans submitted for an $11 million co-living development near the CBD. This project, if approved, would be one of the first high-density buildings in the area, marking a potential turning point for Tamworth’s housing landscape.

The development involves demolishing two existing properties to create a single lot for the new building. The demolition was greenlit by the Tamworth Regional Council (TRC) in September 2023, paving the way for the co-living proposal.

Co-living arrangements have been gaining popularity in recent years, particularly in urban areas. These spaces offer residents private bedrooms or studios with shared common areas like kitchens, living rooms, and workspaces. This style of living can be attractive to young professionals, students, or those seeking a more social living environment.

Details about the number of units and amenities planned for the Tamworth co-living development are yet to be revealed. However, the project’s potential impact on the city’s housing market is undeniable. Co-living spaces can offer a more affordable option compared to traditional apartments or houses, especially in areas with a high cost of living.

The development’s approval process is still ongoing, but it has already sparked discussions about the future of housing in Tamworth. With a growing population and a demand for more flexible living options, co-living could very well become a more prominent feature of the city’s housing landscape.

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