Suburb Profile Report for Toormina NSW (2452)

Toormina House: Median price $459,000, Annual capital growth 4.81%, Number of sales 71, Weekly median advertised rent $410

Toormina Unit: Median price $322,500, Annual capital growth 3.83%, Number of sales 28, Weekly median advertised rent $320

  • 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

At number 617th in the list of Australian suburbs ordered by increase in median house value over the last year, Toormina, 2452 is in the top 20% with a property value increase of 8.00% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Toormina,2452 has racked up an average of 8.00% over the period. This ranks it number 888th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Toormina should be aiming for at least -5.33% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Toormina the average time real estate has been on the market is 75.3621 days.

Toormina is 249th on a list of best yielding suburbs for rents in NSW with a 4.64% return

At number 341th in the list of Australian suburbs ordered by increase in median house value over the last year, Toormina, 2452 is in the top 30% with a property value increase of 4.88% recorded in median house prices.

While Toormina,2452 ranked number 285th in NSW for increase in median house value (annualised) increase, it is ranked 160th over the last 5 years.

Property buyers and investors in Toormina 2452 should be seeing an average reduction in asking price of around -4.48% . This means that Toormina is holding prices well when compared to other suburbs in NSW.

Residents and property investors in Toormina have been waiting around 101.636 days to sell a property.

Advertised rents are around the $320 mark per week – giving a return of 5.16% based on the median price in Suburb

Metrics i HOUSE UNIT
$459,000 $322,500
-1.50% -1.53%
8.00% 4.88%
4.81% 3.83%
$410 $320
71 28
4.64% 5.16%
75.3620689655172 101.636363636364

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), 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
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