Toogong is a quiet locality in New South Wales within the Cabonne local government area (postcode 2864). With a population of 71, the suburb has an established demographic with a median age of 41. Households earn a median income of $47K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
Toogong has a median house price of $330,000, which has declined by 4.3% year-on-year. The median weekly rent is $235 (Census 2021). This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,738.
Public transport access includes 7 bus stops. The crime rate in the Cabonne LGA is low at 1,859 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.7% (moderate yield). Property prices sit below the state median ($330K/$1.5M), which can point to relative value. The price-to-income ratio of 7.1x is considered moderate. House prices have moved -4.3% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.