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Balderstone,
272 TONGUES LANE Loomberah NSW 2340

This property is Off Market

All about Loomberah Homes for sale in Loomberah


  • Last sold 11/20/2020 for $720,000. The Average property price in this area is $787,203, this is based on recent transactions.
  • Internet speed Download 50 Mbps / Upload 20 Mbps
  • Distance to the coast 168.36 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Tamworth Region

With an average age of 42, households expect an average monthly mortgage payment of $1,700 or a weekly rent payment of $300. The average family earns a weekly income of $2,470 with a typical household size of 3 and a 93.48% employment rate.

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.

Public Transport


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 2560 asthma sufferers and 1090 people living with diabetes. In addition, 1221 people have a heart/vascular condition and 2396 people live with three or more chronic diseases.

A good place to invest in property?

Tamworth Region a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

17 / 100

31 / 100

Industry

18 / 100

22 / 100

Population

21 / 100

19 / 100

House Prices

47 / 100

60 / 100

Jobs

29 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Tamworth HS Nemingha PS
  • Dungowan Public School

    Dungowan, NSW, 2340 State K-6


Property Story

Balderstone, 272 Tongues Lane, Loomberah, Nsw, 2340 is a residential property with 4 bedrooms, 2 bathrooms and 3 Parking spaces. The estimated distance to the sea is 168.36km and 0.26KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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