Toronto is a mid-sized suburb in New South Wales within the Lake Macquarie local government area (postcode 2283). With a population of 5,973, the suburb has a mature demographic with a median age of 50. Households earn a median income of $61K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Toronto is $810,000, having increased 2.2% over the past year. Units have a median price of $705,000 (-6% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,616.
Toronto is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 979, which is around the national average of 1,000. Public transport access includes 1 rail station, 40 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Toronto offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($810K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.3x is considered stretched. House prices have moved +2.2% year-on-year.
Toronto is a mid-sized suburb in New South Wales within the Lake Macquarie local government area (postcode 2283). With a population of 5,973, the suburb has a mature demographic with a median age of 50. Households earn a median income of $61K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Toronto is $810,000, having increased 2.2% over the past year. Units have a median price of $705,000 (-6% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,616.
Toronto is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 979, which is around the national average of 1,000. Public transport access includes 1 rail station, 40 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Toronto offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($810K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.3x is considered stretched. House prices have moved +2.2% year-on-year.