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Toolamba, VIC 3614
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$700,000
list-price estimate
Median Unit
$595,000
Gross Yield (houses)
3.6%
1yr Growth
-
Investment snapshot for Toolamba
Toolamba has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Toolamba market and investor summary
In Toolamba, VIC 3614, houses show a gross rental yield of 3.6%. At 2.3% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.6% is neither a standout cashflow play nor a pure growth bet. Houses also take time to sell, around 71 days on market, so plan for a slower exit if you ever need one.
Living in Toolamba: people, income and schools
About 822 people live in Toolamba, a number that has held fairly steady over five years. At a median age of 40, it reads as skewed a little older, and 82% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $102,000 a year (about $1,960 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 15% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 1 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 822
- -0% over 5yr
- Median age
- 40 years
- Median household income
- $102,000/yr
- Households renting
- 12%
- Family households
- 83%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1025
- Unemployment
- 2.7%
- Walk score
- 1/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Toolamba
No properties currently listed in Toolamba
Search Toolamba listings →Frequently asked questions about Toolamba
What should I check before investing in Toolamba?
Toolamba has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Toolamba?
The median property price in Toolamba, VIC 3614 is $595K for units.
What rental yield does Toolamba show?
The gross rental yield in Toolamba is 3.6% for houses and 4.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Toolamba?
The current vacancy rate in Toolamba is 2.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Toolamba?
Toolamba has a population of approximately 822 residents, with a median age of 40.
What schools are near Toolamba?
There are 1 school within roughly 5km of Toolamba. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Toolamba's population growing?
The population of Toolamba has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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