Thinking about buying in New Looma? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
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| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
In New Looma 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine New Looma due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in New Looma leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in New Looma to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
None within suburb boundary
(While the above schools are located with the suburb of New Looma 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 | 8.1 | 25.0 | 36.2 | 47.6 | 94.9 | 3.2 | 22.7 |
| Feb | 6.0 | 24.5 | 36.0 | 47.2 | 96.5 | 3.1 | 23.2 |
| Mar | 2.8 | 24.3 | 37.1 | 40.1 | 94.8 | 3.1 | 22.6 |
| Apr | 1.2 | 22.0 | 36.6 | 28.7 | 82.6 | 3 | 21.7 |
| May | 0.7 | 18.1 | 33.0 | 24.8 | 64.9 | 3.5 | 19.0 |
| Jun | 0 | 16.4 | 31.3 | 21.5 | 54.5 | 3.8 | 18.0 |
| Jul | 0.3 | 15.5 | 31.3 | 20.8 | 59.7 | 3.5 | 18.4 |
| Aug | 0.2 | 15.6 | 33.6 | 13.5 | 56.2 | 3.8 | 21.2 |
| Sept | 0 | 17.6 | 37.0 | 13.6 | 69.5 | 3.4 | 25.3 |
| Oct | 0.3 | 22.1 | 39.6 | 20.2 | 85.4 | 3.3 | 26.8 |
| Nov | 0.8 | 24.2 | 39.9 | 25.5 | 84.9 | 3.4 | 27.0 |
| Dec | 5.8 | 25.5 | 38.8 | 34.7 | 89.5 | 3.5 | 25.1 |
source: Australian Government Bureau of Meteorology
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