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Toolakea, QLD 4818
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$760,000
list-price estimate
Median Unit
$340,000
Gross Yield (houses)
3.9%
1yr Growth (houses)
+13.7%
market range -27.5% to +25.0%
Investment snapshot for Toolakea
Toolakea has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Toolakea market and investor summary
In Toolakea, QLD 4818, houses show a gross rental yield of 3.9%. House prices have moved +13.7% over the past year and +58.1% over three years. At 5.1% vacancy, it is a softer rental market with more choice for tenants.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.9% is neither a standout cashflow play nor a pure growth bet. Demand is softer at 5.1% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 86 days on market, so plan for a slower exit if you ever need one.
Living in Toolakea: people, income and schools
Toolakea has a resident population of roughly 218, and the area has been growing steadily, up about 15% over five years. The median age is 50, an older, established demographic, and 81% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $79,000 a year, or roughly $1,520 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). Incomes have risen about 24% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 218
- +15% over 5yr
- Median age
- 50 years
- Median household income
- $79,000/yr
- Households renting
- 15%
- Family households
- 64%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 984
- Unemployment
- 2.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Toolakea
No properties currently listed in Toolakea
Search Toolakea listings →Frequently asked questions about Toolakea
What should I check before investing in Toolakea?
Toolakea has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 7.9%, before expenses, tax and loan costs. Capital growth of +13.7% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Toolakea?
The median property price in Toolakea, QLD 4818 is $340K for units.
What rental yield does Toolakea show?
The gross rental yield in Toolakea is 3.9% for houses and 7.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Toolakea?
House prices in Toolakea are up 13.7% over the past year and up 58.1% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Toolakea?
The current vacancy rate in Toolakea is 5.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Toolakea?
Toolakea has a population of approximately 218 residents, with a median age of 50.
What schools are near Toolakea?
There are 1 school within roughly 5km of Toolakea. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Toolakea's population growing?
The population of Toolakea has grown about 15% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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