Tooborac

Tooborac, VIC 3522 is a small suburb with a population of 319. The age distribution is diverse, with a significant portion of residents aged 45 to 64 years. The suburb has a median household income slightly above the national average. The most common occupations are Managers, Technicians and Trade Workers, and Professionals. The majority of residents commute by motor vehicle. For house investment in Tooborac, the sale prices show a wide range with a high Sale Price IQR ratio, indicating good potential for renovators. The suburb has low stock on market rate and a moderate online search interest, suggesting a stable market. With a median growth rate of -19.0% and a high rental ratio, investors may find opportunities for long-term growth and rental yield. The affordability index is low, which may attract first-time buyers or investors seeking value for money. Tooborac, VIC 3522 offers a quiet lifestyle in a small community with potential for property investment, particularly in the housing market. The suburb's demographics are varied in age groups and occupational diversity. Investors looking for renovating opportunities and steady rental returns may find Tooborac an attractive option. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022