Suburb Profile Report for Toongabbie NSW (2146)

Toongabbie House: Median price $856,000, Annual capital growth 8.72%, Number of sales 149, Weekly median advertised rent $480

Toongabbie Unit: Median price $566,000, Annual capital growth 6.49%, Number of sales 118, Weekly median advertised rent $460

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Toongabbie has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.68% to date .

A 82.52% growth in median value for property investors in Toongabbie,2146 puts this suburb at number 994th in terms of best performing suburbs in NSW

The most recent median price for Toongabbie is $856000, with sellers offering an average of -3.93% off the asking price.

Renters in Suburb are facing rents around $5760 per annum or $480 every week.

Toongabbie has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.98% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Toongabbie comes in at number 309th in NSW.

LACK OF BUYER INTEREST may well be the reason that Toongabbie is offering property investors an average of -4.13. This rate of discount on properties puts Suburb at number 281th in terms of most discounted suburbs in NSW

With the median price for a house in Toongabbie being $566000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 4.23%

YIP MAG Information supplied by:

YIP MAG
July 2015

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Toongabbie is located 30km west of the Sydney CBD, yet it’s only 8km west of the up-and-coming Parramatta CBD.Full summary Toongabbie is located 30km west of the Sydney CBD, yet it’s only 8km west of the up-and-coming Parramatta CBD.

There are good local shops in Toongabbie, but for everything else residents can head to the nearby major shopping centres at Parramatta or Blacktown.

The suburb itself is generally quiet and family friendly with excellent transport options including trains, buses and access to freeways.

With a median unit price of $445,000 this is an affordable option for investors, particularly compared with suburbs closer to the Sydney CBD.

Other attractive numbers include the 5% gross rental yield and vacancy rate of just 1.35%, according to Real Estate Investar.

The streets of Harvey Pl and Linden St are close to shops, parks, cafes and are less than five minutes’ walk from Toongabbie Station.

Some two-bedroom units there might be above the median price (north of $500,000), but the desirable location ensures they are worth it.
 Close
Metrics i HOUSE UNIT
$856,000 $566,000
0.35% 1.07%
5.68% 1.98%
8.72% 6.49%
$480 $460
149 118
2.92% 4.23%
38.94 40.46

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Toongabbie NSW
Demographics
Total population 13003
Median household income ($/weekly) 1407
Median age of persons 35
Median housing loan repayment ($/monthly) 2013
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1627 12.5
    25-34 years 2159 16.6
    35-44 years 1927 14.8
    45-54 years 1688 13.0
    55-64 years 1416 10.9
    Others 4186 32.2
    Age Group
    Census Count Percent(%)
    Registered Married 5382 55.0
    Not Married 3930 40.2
    Defacto Relationship 473 4.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 7124 57.5
    Croatia 364 2.9
    Indonesia 1163 9.4
    Sri Lanka 612 4.9
    Other 790 6.4
    Others 2340 18.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 357 2.9
    Christianity 7949 65.1
    Hinduism 1754 14.4
    Islam 488 4.0
    No Religion 1426 11.7
    Others 244 2.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 380 9.6
    $1,250-$1,499 346 8.7
    $1,500-$1,999 578 14.6
    $2,000-$2,499 460 11.6
    $2,500-$2,999 335 8.4
    Others 1868 47.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4283 43.0
    Not in the labour force 3255 32.7
    Employed, worked part-time 1690 17.0
    Unemployed, looking for work 403 4.0
    Employed, away from work 336 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1397 22.1
    Technicians & trades workers 880 14.0
    Clerical & administrative workers 1236 19.6
    Sales 554 8.8
    Labourers 579 9.2
    Others 1661 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 233 7.2
    Infants/Primary 1022 31.7
    Secondary 875 27.1
    Technical or Further Educational Institution 350 10.8
    University or other Tertiary Institutions 630 19.5
    Others 119 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8970 72.0
    Semi-detached, row or terrace house, townhouse 2598 20.9
    Flat, unit or apartment 880 7.1
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1699 39.9
    Fully owned 1337 31.4
    Rented 1190 28.0
    Other tenure type 29 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals