Toolamba is a close-knit residential community in Victoria within the Greater Shepparton local government area (postcode 3614). It is home to about 822 residents, with an established demographic and a median age of 40. Households earn a median income of $102K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 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 technicians & trades, professionals, managers. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
The current median weekly rent is $470. The median monthly mortgage repayment is $1,486.
Toolamba is served by 1 school, including 1 primary. The average ICSEA score is 1023, which is around the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Greater Shepparton LGA is higher than average at 14,955 incidents per 100,000 population.
On the investment side, Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.