Suburb Profile Report for Toormina NSW (2452)

Toormina House: Median price $404,500, Annual capital growth 4.22%, Number of sales 92, Weekly median advertised rent $390

Toormina Unit: Median price $265,000, Annual capital growth 2.60%, Number of sales 44, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Toormina has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.87% to date .

The five-year average increase in median property values for Toormina,2452 has given property investors a potential capital gain of 26.11% across each of those five years.

Vendor discounting in Toormina is giving property investors an average Vendor Discount of around -2.91%. This puts suburb at number 1147th in NSW when ranking the most discounted suburbs.

Residents and property investors in Toormina have been waiting around 64.13 days to sell a property.

Toormina, 2452’s gross rental yield is 5.01%

NSW has seen average median house prices change by 6.07% which means that Toormina, 2452 has done well for property investors by showing a capital gain of -4.07% over the last year

Taking the average capital gain, or increase in median house value, Toormina,2452 has racked up an average of -4.07% over the period. This ranks it number 878th in the whole country for real estate investors looking at median house price increases.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Toormina itself are offering an average vendor discount of -3.31% to real estate investors.

With the median price for a house in Toormina being $265000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 6.08%

Metrics i HOUSE UNIT
$404,500 $265,000
-0.12% 0.00%
7.87% -4.07%
4.22% 2.60%
$390 $310
92 44
5.01% 6.08%
64.13 67.35

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
Find a mortgage broker in Toormina NSW
Demographics
Total population 6075
Median household income ($/weekly) 752
Median age of persons 42
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 769 12.7
    35-44 years 659 10.8
    45-54 years 823 13.5
    55-64 years 781 12.9
    65-74 years 594 9.8
    Others 2450 40.3
    Age Group
    Census Count Percent(%)
    Not Married 2132 48.0
    Registered Married 1880 42.3
    Defacto Relationship 429 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5178 89.4
    Papua New Guinea 71 1.2
    Philippines 35 0.6
    United Kingdom 277 4.8
    Other 68 1.2
    Others 166 2.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 43 0.8
    Christianity 4095 73.6
    Islam 9 0.2
    Other Religious Groups 29 0.5
    No Religion 1380 24.8
    Others 8 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 279 12.6
    $400-$599 405 18.3
    $600-$799 320 14.5
    $800-$999 265 12.0
    $1,000-$1,249 209 9.5
    Others 730 33.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2243 48.1
    Employed, worked full-time 1138 24.4
    Employed, worked part-time 893 19.2
    Unemployed, looking for work 249 5.3
    Employed, away from work 137 2.9
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 307 14.2
    Community & personal service workers 317 14.6
    Clerical & administrative workers 292 13.5
    Sales 303 14.0
    Labourers 318 14.7
    Others 631 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 122 8.7
    Infants/Primary 459 32.7
    Secondary 437 31.2
    Technical or Further Educational Institution 201 14.3
    University or other Tertiary Institutions 141 10.1
    Others 42 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4611 80.6
    Semi-detached, row or terrace house, townhouse 754 13.2
    Flat, unit or apartment 316 5.5
    Caravan, cabin, houseboat 24 0.4
    House or flat attached to a shop, office 17 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 908 38.0
    Fully owned 717 30.0
    Being purchased 624 26.1
    Other tenure type 143 6.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals