Balderstone, 272 TONGUES LANE Loomberah NSW 2340
This property is Off Market
- 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
Property For Sale Nearby
Recently Sold Properties in this Area
- 8/19/2024 167 ASCOT-CALALA RD $1,300,000
- 8/1/2024 73 TULLAMORE RD $1,200,000
- 2/29/2024 15 KURRAJONG PL $1,100,000
- 2/16/2024 1193 MARSDEN PARK RD $1,120,000
- 2/16/2024 788 LOOMBERAH RD $4,300,000
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
Werris Creek
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
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School CatchmentsNemingha PS Tamworth HS
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Nemingha Public School
Nemingha, NSW, 2340 State K-6 -
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
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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