Suburb Profile Report for Toormina NSW (2452)

Toormina House: Median price $402,000, Annual capital growth 3.99%, Number of sales 86, Weekly median advertised rent $385

Toormina Unit: Median price $265,000, Annual capital growth 3.21%, Number of sales 46, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Toormina, 2452 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.20%

When looking at the potential capital gains offered to property investors over the last 3 years, Toormina comes in at number 1042th in NSW.

LACK OF BUYER INTEREST may well be the reason that Toormina is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 1092th in terms of most discounted suburbs in NSW

Toormina is 179th on a list of best yielding suburbs for rents in NSW with a 4.98% return

Property investors who have had real estate in Toormina, 2452 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.62%

Over the longer term, Toormina has seen property prices show investors a 10.65% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Toormina is $265000, with sellers offering an average of -3.76% off the asking price.

In the last year 46 properties changed hands in Toormina, which puts it as the 290th most active market in NSW when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $3600 per annum or $300 every week.

Metrics i HOUSE UNIT
$402,000 $265,000
-1.35% -8.62%
7.20% -8.62%
3.99% 3.21%
$385 $300
86 46
4.98% 5.89%
63.18 71.59

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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