Thinking about buying in Towamba? Now could not be a better time, with just 271 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $575,000 with prices in this suburb ranging from $57,000 to $2,627,000. Towamba is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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In Towamba 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 Towamba 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. The slightly lower than average earnings from occupations in Towamba changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Towamba the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
WILLOW PATCH, 2985 TOWAMBA RD, TOWAMBA, NSW, 2550 | CLEARANCE SALE |
Towamba Public School
(While the above schools are located with the suburb of Towamba 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 | 2.1 | 16.4 | 24.6 | 57.1 | 88.7 | 4.2 | 21.7 |
Feb | 2.4 | 16.1 | 24.1 | 59.3 | 89.4 | 3.9 | 18.9 |
Mar | 2.8 | 15.1 | 23.0 | 58.3 | 89.2 | 3.7 | 15.3 |
Apr | 2.8 | 12.2 | 20.5 | 58 | 90.3 | 3.5 | 12.3 |
May | 2.5 | 9.3 | 17.9 | 55.9 | 89.9 | 3.7 | 9.5 |
Jun | 3.8 | 7.1 | 15.5 | 60.3 | 91.4 | 3.5 | 8.1 |
Jul | 2.6 | 6.3 | 15.3 | 54.5 | 89.2 | 3.6 | 8.4 |
Aug | 2.9 | 6.4 | 15.6 | 51.0 | 88.7 | 3.8 | 10.7 |
Sept | 2.3 | 8.6 | 17.9 | 51.1 | 88.7 | 4.0 | 15.0 |
Oct | 2.6 | 10.3 | 19.4 | 53.0 | 89.4 | 4.1 | 19.4 |
Nov | 2.7 | 12.7 | 21.4 | 54.6 | 89 | 4.1 | 22.4 |
Dec | 2.4 | 14.6 | 23.1 | 55.5 | 88.5 | 4.2 | 24.0 |
source: Australian Government Bureau of Meteorology
01-08-2024 | $2,500,000 | 249 LOG FARM RD |
22-07-2024 | $115,000 | 38 NANGUTTA ST |
28-05-2024 | $800,000 | 2460 TOWAMBA RD |
10-04-2024 | $275,000 | 1970 TOWAMBA RD |
22-11-2023 | $350,000 | 12 TOWAMBA ST |
21-08-2023 | $50,000 | 29 TOWAMBA ST |
08-06-2023 | $375,000 | 20 NANGUTTA ST |
17-03-2023 | $140,000 | 23 NANGUTTA ST |
07-11-2022 | $505,000 | 14 DENISON ST |
02-09-2022 | $720,000 | 20 BEN BEASLEY RD |
11-04-2022 | $1,039,000 | 224 PERICOE RD |
31-01-2022 | $750,000 | 1746 THE SNAKE TRACK |
24-01-2022 | $365,000 | 11 DENISON ST |
12-01-2022 | $620,000 | 116 LOG FARM RD |
29-11-2021 | $270,000 | 453 PERICOE RD |
27-09-2021 | $550,000 | 224 PERICOE RD |
11-08-2021 | $195,000 | 2 NANGUTTA ST |
12-04-2021 | $50,000 | 20 DENISON ST |
12-03-2021 | $550,000 | 2131 THE SNAKE TRACK |
16-10-2020 | $115,000 | 1670 THE SNAKE TRACK |
09-09-2020 | $549,000 | 7 GENOA ST |
18-02-2020 | $430,000 | 1891 TOWAMBA RD |
06-12-2019 | $210,000 | 111 YAMBULLA RD |
09-09-2019 | $300,000 | 11 TOWAMBA ST |
22-03-2019 | $240,000 | 5 BARNEY ST |
18-01-2019 | $320,000 | 185 PERICOE RD |
14-12-2018 | $200,000 | 142 YAMBULLA RD |
25-09-2018 | $55,000 | 20 TOWAMBA ST |
09-08-2018 | $95,000 | 34 NANGUTTA ST |
25-06-2018 | $295,000 | 15 TOWAMBA ST |
18-06-2018 | $395,000 | 1746 THE SNAKE TRACK |
21-12-2017 | $185,000 | 111 YAMBULLA RD |
31-07-2017 | $35,000 | 20 DENISON ST |
15-06-2017 | $395,000 | 6 GENOA ST |
14-06-2017 | $40,000 | 38 NANGUTTA ST |
13-02-2017 | $230,000 | 8 TOWAMBA ST |
06-02-2017 | $270,000 | 740 MUSTERING GROUND RD |
20-01-2017 | $38,000 | 40 NANGUTTA ST |
09-12-2016 | $250,000 | 15 TOWAMBA ST |
14-11-2016 | $525,000 | 116 LOG FARM RD |
11-11-2016 | $229,500 | 59 BEN BEASLEY RD |
16-08-2016 | $360,000 | 224 PERICOE RD |
15-06-2016 | $303,000 | 2985 TOWAMBA RD |
12-05-2016 | $350,000 | 1625 THE SNAKE TRACK |
19-04-2016 | $185,000 | 1670 THE SNAKE TRACK |
22-01-2016 | $365,000 | 10 NANGUTTA ST |
17-12-2015 | $170,000 | 1969 TOWAMBA RD |
26-08-2015 | $478,000 | 77 BEN BEASLEY RD |
04-05-2015 | $195,000 | 2460 TOWAMBA RD |
09-12-2014 | $245,000 | 2684 TOWAMBA RD |
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