Loomberah is a small community in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 552, the suburb has an established demographic with a median age of 40. Households earn a median income of $108K per year, with an average household size of 2.9 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Loomberah is $1.1 million, having dipped slightly 1.7% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,813.
Public transport access includes 77 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Loomberah offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 10.5x is considered stretched. House prices have moved -1.7% year-on-year.
Loomberah is a small community in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 552, the suburb has an established demographic with a median age of 40. Households earn a median income of $108K per year, with an average household size of 2.9 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Loomberah is $1.1 million, having dipped slightly 1.7% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,813.
Public transport access includes 77 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Loomberah offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 10.5x is considered stretched. House prices have moved -1.7% year-on-year.