Tolland is a smaller suburb in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 3,459, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $63K per year, with an average household size of 2.5 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Tolland is $606,000, having grown strongly 6.3% over the past year. Units have a median price of $285,000 (+5.6% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,300.
Public transport access includes 22 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Tolland offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($606K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.7x is considered moderate. House prices have moved +6.3% year-on-year.
Tolland is a smaller suburb in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 3,459, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $63K per year, with an average household size of 2.5 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Tolland is $606,000, having grown strongly 6.3% over the past year. Units have a median price of $285,000 (+5.6% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,300.
Public transport access includes 22 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Tolland offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($606K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.7x is considered moderate. House prices have moved +6.3% year-on-year.