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Toolooa, QLD 4680
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$480,000
market range $425K-$600K
Median Unit
$345,000
Gross Yield (houses)
5.2%
1yr Growth (houses)
+16.2%
market range +2.5% to +30.0%
Investment snapshot for Toolooa
Toolooa has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Toolooa market and investor summary
Toolooa (QLD 4680) runs a median house price of $480K, with houses yielding a gross 5.2%. House prices have moved +16.2% over the past year. At 0.9% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.2% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking.
Living in Toolooa: people, income and schools
Toolooa is home to around 992 people, and the area has been growing steadily, up about 6% over five years. The median age is 35, broadly working-age, and families account for 66% of households.
Households here earn a median of about $51,000 a year, or roughly $990 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to a steep 9.3 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 30% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 13 schools within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 7 for walkability and 40 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 992
- +6% over 5yr
- Median age
- 35 years
- Median household income
- $51,000/yr
- Households renting
- 40%
- Family households
- 66%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 13
- avg ICSEA 964
- Unemployment
- 4.0%
- Walk score
- 7/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Toolooa
No properties currently listed in Toolooa
Search Toolooa listings →Frequently asked questions about Toolooa
What should I check before investing in Toolooa?
Toolooa has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 6.6%, before expenses, tax and loan costs. Capital growth of +16.2% 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 Toolooa?
The median property price in Toolooa, QLD 4680 is $480K for houses and $345K for units.
What rental yield does Toolooa show?
The gross rental yield in Toolooa is 5.2% for houses and 6.6% 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 Toolooa?
House prices in Toolooa are up 16.2% over the past year. 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 Toolooa?
The current vacancy rate in Toolooa is 0.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Toolooa?
Toolooa has a population of approximately 992 residents, with a median age of 35.
What schools are near Toolooa?
There are 13 schools within roughly 5km of Toolooa. 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 Toolooa affordable to buy in?
A median house in Toolooa costs about 9.3 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Toolooa's population growing?
The population of Toolooa has grown about 6% 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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