The housing market in New Looma, located within the Derby-West Kimberley region of Western Australia, presents a unique picture, notably influenced by its geographical and cultural context. The area is characterized by a blend of traditional Aboriginal heritage and the rugged natural beauty typical of the Kimberley. Housing options in New Looma are relatively limited due to its small population and remote location. Most properties in the area are modest, often catering to the needs of local Aboriginal communities or those working in nearby industries such as agriculture and tourism. Due to these factors, the market is not as dynamic or competitive as urban centers, reflecting a steadier demand driven by local needs rather than external investment. The affordability of housing here may appeal to those looking for a quieter lifestyle away from the pressures of larger urban environments.
Living in New Looma offers a distinct experience, deeply connected to the vast and beautiful landscape of the Kimberley region. Residents benefit from a close-knit community atmosphere, where relationships are often personalized, and social cohesion is high. The pace of life is slower compared to bustling cities, which may be attractive to those yearning for tranquility and a strong community spirit. However, the remote location means that amenities such as healthcare, education, and shopping require travel to larger nearby towns like Derby. The lifestyle is heavily influenced by the land and cultural heritage, with numerous opportunities for outdoor activities, including exploring nearby natural landmarks and participating in community-led cultural events. Overall, life in New Looma is defined by its connection to nature and community, offering a unique blend of rustic charm and cultural richness.
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Housing Stock
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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.
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.
Instant Property ValuationNone 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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