Old Toongabbie is a smaller suburb in New South Wales within the Parramatta local government area (postcode 2146). With a population of 3,276, the suburb has an established demographic with a median age of 38. Households earn a median income of $113K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Old Toongabbie is $650,000, having dropped significantly 53.6% over the past year. Units have a median price of $815,000 (+28.3% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $2,200.
Public transport access includes 22 bus stops. The crime rate in the Parramatta LGA is below average at 3,186 incidents per 100,000 population.
From an investment perspective, Old Toongabbie offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved -53.6% year-on-year.
Old Toongabbie is a smaller suburb in New South Wales within the Parramatta local government area (postcode 2146). With a population of 3,276, the suburb has an established demographic with a median age of 38. Households earn a median income of $113K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Old Toongabbie is $650,000, having dropped significantly 53.6% over the past year. Units have a median price of $815,000 (+28.3% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $2,200.
Public transport access includes 22 bus stops. The crime rate in the Parramatta LGA is below average at 3,186 incidents per 100,000 population.
From an investment perspective, Old Toongabbie offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved -53.6% year-on-year.