Tootool is a quiet locality in New South Wales within the Lockhart local government area (postcode 2655). With a population of 51, the suburb has a mature demographic with a median age of 49. Households earn a median income of $111K per year, with an average household size of 3.3 people. The most common occupations are managers, professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Tootool is $2.3 million, having surged 12.9% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $1,192.
Public transport access includes 5 bus stops. The crime rate in the Lockhart LGA is below average at 2,879 incidents per 100,000 population.
From an investment perspective, Tootool offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.0x is considered stretched. House prices have moved +12.9% year-on-year.
Tootool is a quiet locality in New South Wales within the Lockhart local government area (postcode 2655). With a population of 51, the suburb has a mature demographic with a median age of 49. Households earn a median income of $111K per year, with an average household size of 3.3 people. The most common occupations are managers, professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Tootool is $2.3 million, having surged 12.9% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $1,192.
Public transport access includes 5 bus stops. The crime rate in the Lockhart LGA is below average at 2,879 incidents per 100,000 population.
From an investment perspective, Tootool offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.0x is considered stretched. House prices have moved +12.9% year-on-year.