Loomberah

LOOMBERAH, NSW 2340, is a suburb with a population of 552 residents. The age demographic is varied, with significant numbers in the age groups of 5 to 19 years and 45 to 64 years. The suburb provides a mix of occupations, with the top three being Managers, Professionals, and Technicians and Tradesworkers. The median household income is $2,086 weekly. Residents have commuting options with a notable portion working from home. For investors interested in houses in LOOMBERAH, the suburb presents a unique opportunity. The median growth rate in the past year has been substantial, indicating a potential for good returns on investment. With a low vacancy rate and a slight decrease in median sale price indicating possible room for negotiation, it may be a good location for property development or renovation projects. LOOMBERAH, NSW 2340, offers a diverse demographic profile with good income levels and opportunities for home buyers and investors alike. The suburb's strong growth rates and low vacancy rates make it an attractive option for those looking to invest in the property market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022