Loomberah, located within the Tamworth Regional area of New South Wales, offers a serene and picturesque setting for potential homeowners seeking a blend of rural charm and accessibility to urban amenities. The housing market in Loomberah is characterized by spacious properties, often featuring large blocks of land and, in some instances, acreage, catering to those who value space and privacy. This area is particularly appealing to families and retirees looking for a quieter lifestyle away from the hustle and bustle of city life. Housing prices in Loomberah are generally more affordable compared to urban centers, making it an attractive option for buyers looking for value combined with a comfortable living environment. The market has seen moderate growth as more people seek lifestyle properties, especially in the wake of increasing remote work opportunities.
Living in Loomberah offers residents a peaceful and tight-knit community experience, with the beauty of the Australian countryside at their doorstep. The area is enveloped by rolling hills and rich farmland, providing a scenic backdrop for outdoor activities such as hiking, horseback riding, and exploring the local flora and fauna. Despite its rural setting, Loomberah is not isolated; it's a short drive to Tamworth, which is known for its vibrant cultural scene, shopping facilities, and annual events like the Tamworth Country Music Festival. This proximity allows residents to enjoy both the tranquility of countryside living and easy access to city conveniences. Overall, Loomberah presents an idyllic lifestyle for those who value space, nature, and a strong sense of community.
Median Weekly Rent | $325.00 |
Median Monthly Mortgage | $2100.00 |
Median Persons Per bed houseroom | 0.75 |
Average Household Size | 3.00 |
Average Age | 40.00 |
Average Income | $841.50 |
Average Cars Per Dwelling | 2.24 |
Average Properties Within 50M | 3 |
Typical 2 bed house | $972,000 |
Typical 3 bed house | $648,000 |
Typical 4 bed house | $659,000 |
Typical 5 bed house | $1,483,000 |
Typical 6 bed+ house | $1,358,000 |
Housing Stock
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Thinking about buying in Loomberah? Now could not be a better time, with just 305 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,309,000 with prices in this suburb ranging from $90,000 to $11,833,000. The aproximate distance to the coast is 155 Km.
In Loomberah there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Loomberah is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Loomberah provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Loomberah to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Loomberah we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Loomberah a better buying opportunity than it may have been in the past.
Instant Property Valuation31 Tullamore Road, Loomberah, NSW, 2340 | $435,000 | ||||
1400 Monteray Road, Loomberah, NSW, 2340 | 4 | 1 | 3 | $685,000 |
Timbumburi Public School
(While the above schools are located with the suburb of Loomberah there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.9 | 16.5 | 32.1 | 34.4 | 90.2 | 4.3 | 25.4 |
Feb | 1.9 | 15.9 | 30.7 | 38.6 | 93.3 | 4.2 | 22.2 |
Mar | 3.2 | 14.2 | 27.2 | 46.1 | 95.4 | 3.6 | 17.6 |
Apr | 1.0 | 9.3 | 23.8 | 43.7 | 96.1 | 3.0 | 15.5 |
May | 1.0 | 5.4 | 19.8 | 45.0 | 95.9 | 3.0 | 12.1 |
Jun | 1.4 | 3.9 | 16.2 | 55.4 | 97.7 | 3.1 | 9.4 |
Jul | 1.3 | 2.3 | 15.9 | 49.7 | 95.0 | 3.4 | 10.6 |
Aug | 0.9 | 2.6 | 18.2 | 40.5 | 93.8 | 3.6 | 13.9 |
Sept | 1.1 | 4.9 | 22.4 | 32.5 | 91.5 | 3.7 | 18.8 |
Oct | 1.3 | 8.6 | 25.2 | 34.8 | 91.8 | 3.8 | 22.0 |
Nov | 2.6 | 12.2 | 28.1 | 34.1 | 90.7 | 4.0 | 24.9 |
Dec | 3.5 | 14.9 | 30.1 | 34.3 | 90.3 | 4.2 | 26.3 |
source: Australian Government Bureau of Meteorology
19-08-2024 | $1,300,000 | 167 Ascot-Calala Road |
01-08-2024 | $1,200,000 | 73 Tullamore Road |
29-02-2024 | $1,100,000 | 15 Kurrajong Place |
16-02-2024 | $1,120,000 | 1193 Marsden Park Road |
16-02-2024 | $4,300,000 | 788 Loomberah Road |
01-11-2023 | $4,750,000 | 634 Loomberah Road |
08-09-2023 | $13,200,000 | 252 Pendene Road |
01-09-2023 | $1,620,000 | 1206 Marsden Park Road |
20-06-2023 | $3,150,000 | 61 Pendene Road |
08-05-2023 | $3,260,000 | 886 Kia Ora Lane |
08-05-2023 | $2,803,400 | 643 Monteray Road |
25-01-2023 | $3,600,000 | 1418 Monteray Road |
10-10-2022 | $1,410,000 | 980 Monteray Road |
02-09-2022 | $1,850,000 | 1268 Monteray Road |
20-06-2022 | $925,000 | 23 Norman Close |
01-06-2022 | $4,000,000 | 634 Loomberah Road |
14-01-2022 | $5,000,000 | 1578 Marsden Park Road |
30-11-2021 | $3,400,000 | 634 Loomberah Road |
25-11-2021 | $980,000 | 17 Ascot-Calala Road |
05-11-2021 | $680,000 | 532 Pendene Road |
01-10-2021 | $1,455,000 | 1136 Duri-Dungowan Road |
09-09-2021 | $704,000 | 724 Loomberah Road |
29-07-2021 | $760,000 | 298 Tullamore Road |
11-06-2021 | $2,603,000 | 183 Fishers Lane |
18-05-2021 | $930,000 | 1049 Kia Ora Lane |
29-01-2021 | $65,000 | 1136 Duri-Dungowan Road |
20-11-2020 | $640,000 | 1242 Marsden Park Road |
20-11-2020 | $720,000 | 272 Tongues Lane |
17-09-2020 | $860,000 | 972 Kia Ora Lane |
17-07-2020 | $1,300,000 | 1336 Duri-Dungowan Road |
14-07-2020 | $405,000 | 722 Loomberah Road |
08-07-2020 | $2,800,000 | 369 Monteray Road |
28-05-2020 | $1,600,000 | 618 Monteray Road |
17-04-2020 | $940,000 | 980 Monteray Road |
24-02-2020 | $8,272,000 | 252 Pendene Road |
20-12-2018 | $942,500 | 1359 Duri-Dungowan Road |
14-11-2018 | $950,000 | 1206 Marsden Park Road |
12-10-2018 | $2,200,000 | 236 Monteray Road |
24-04-2018 | $1,375,000 | 618 Monteray Road |
23-04-2018 | $365,000 | 25 Kurrajong Place |
18-04-2018 | $725,000 | 248 Tullamore Road |
15-09-2017 | $300,000 | 1134 Monteray Road |
23-06-2017 | $1,295,000 | 50 Kurrajong Place |
21-04-2017 | $880,000 | 1310 Duri-Dungowan Road |
20-03-2017 | $560,000 | 120 Tullamore Road |
22-11-2016 | $3,325,000 | 1098 Middlebrook Road |
25-08-2016 | $585,000 | 96 Tullamore Road |
05-08-2016 | $2,700,000 | 1578 Marsden Park Road |
27-07-2016 | $430,000 | 98 Tullamore Road |
20-06-2016 | $599,000 | 229 Tullamore Road |
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