Suburb Profile Report for Toronto NSW (2283)

Toronto House: Median price $450,000, Annual capital growth 4.69%, Number of sales 71, Weekly median advertised rent $375

Toronto Unit: Median price $440,000, Annual capital growth 4.49%, Number of sales 29, Weekly median advertised rent $385

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

NSW has seen average median house prices change by -4.21% which means that Toronto, 2283 has not done well for property investors by showing a capital gain of 0.00% over the last year

Across a shorter period, Toronto, 2283 has seen a median price increase of -2.17% over the last quarter.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.38% offered to property buyers. Sellers in Toronto itself are offering an average vendor discount of -6.45% to real estate investors.

At number 1300 in a list of fastest selling suburbs, Toronto is in the TOP 40% of suburbs in Australia with an average of days on market 68.7885 for properties listed there.

Property investors should expect to get $375 weekly from the median priced house in this suburb.

Over the last year, property investments in Toronto, 2283 have given investors a capital gain of -0.79%. This compares favourably with the -4.02% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Toronto has fallen somewhat when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Toronto are currently offering property investors an average price cut of -6.60% below the asking price at the moment.

On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.

Advertised rents are around the $385 mark per week – giving a return of 4.55% based on the median price in Suburb

Metrics i HOUSE UNIT
$450,000 $440,000
-2.17% 1.73%
0.00% -0.79%
4.69% 4.49%
$375 $385
71 29
4.33% 4.55%
68.7884615384615 96.8421052631579

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 5432
Median household income ($/weekly) 816
Median age of persons 44
Median housing loan repayment ($/monthly) 1668
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 607 11.2
    35-44 years 611 11.2
    45-54 years 630 11.6
    55-64 years 752 13.8
    65-74 years 645 11.9
    Others 2187 40.3
    Age Group
    Census Count Percent(%)
    Not Married 1855 46.5
    Registered Married 1725 43.3
    Defacto Relationship 407 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4545 89.0
    Greece 18 0.4
    Papua New Guinea 64 1.3
    United Kingdom 217 4.3
    Other 95 1.9
    Others 165 3.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 0.7
    Christianity 3770 76.1
    Islam 16 0.3
    Other Religious Groups 27 0.5
    No Religion 1101 22.2
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 185 9.7
    $400-$599 329 17.3
    $600-$799 246 13.0
    $800-$999 197 10.4
    $1,500-$1,999 170 9.0
    Others 771 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2221 52.2
    Employed, worked full-time 1091 25.7
    Employed, worked part-time 652 15.3
    Unemployed, looking for work 165 3.9
    Employed, away from work 122 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 325 17.4
    Technicians & trades workers 304 16.3
    Community & personal service workers 217 11.6
    Clerical & administrative workers 256 13.7
    Labourers 222 11.9
    Others 541 29.0
    Occupation
    Census Count Percent(%)
    Pre-school 98 9.5
    Infants/Primary 365 35.4
    Secondary 318 30.9
    Technical or Further Educational Institution 113 11.0
    University or other Tertiary Institutions 107 10.4
    Others 29 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4322 87.0
    Flat, unit or apartment 334 6.7
    Semi-detached, row or terrace house, townhouse 309 6.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 812 39.3
    Fully owned 732 35.5
    Being purchased 503 24.4
    Other tenure type 17 0.8
    Tenure Type
Census 2011, ABS
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