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Tooradin, VIC 3980
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,025,000
market range $975K-$1.1M
Median Unit
$470,000
market range $450K-$875K
Gross Yield (houses)
3.0%
1yr Growth (houses)
+13.6%
market range +2.5% to +20.0%
Investment snapshot for Tooradin
Tooradin has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Tooradin market and investor summary
Tooradin (VIC 3980) runs a median house price of $1.0M, with houses yielding a gross 3.0%. House prices have moved +13.6% over the past year. At 2.6% vacancy, it is a broadly balanced rental market.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.0% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Tooradin: people, income and schools
Tooradin is home to around 1,722 people, a number that has held fairly steady over five years. The median age is 40, 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.
Households here earn a median of about $102,000 a year, or roughly $1,950 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 10.1 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 18% 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. It is roughly 58 km from the CBD. It is fairly car-dependent; the suburb scores 35 for walkability and 11 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 1,722
- +2% over 5yr
- Median age
- 40 years
- Median household income
- $102,000/yr
- Households renting
- 14%
- Family households
- 80%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 986
- Unemployment
- 2.9%
- Distance to CBD
- 58 km
- Walk score
- 35/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Tooradin
No properties currently listed in Tooradin
Search Tooradin listings →Frequently asked questions about Tooradin
What should I check before investing in Tooradin?
Tooradin has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +13.6% 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 Tooradin?
The median property price in Tooradin, VIC 3980 is $1.0M for houses and $470K for units.
What rental yield does Tooradin show?
The gross rental yield in Tooradin is 3.0% for houses and 3.8% 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 Tooradin?
House prices in Tooradin are up 13.6% 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 Tooradin?
The current vacancy rate in Tooradin is 2.6%. 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 Tooradin?
Tooradin has a population of approximately 1,722 residents, with a median age of 40.
What schools are near Tooradin?
There are 1 school within roughly 5km of Tooradin. 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 Tooradin affordable to buy in?
A median house in Tooradin costs about 10.1 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 Tooradin's population growing?
The population of Tooradin has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Tooradin from the CBD?
Tooradin is about 58 km from the CBD.
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