Toongabbie is in Latrobe (Vic.) LGA, VIC, postcode 3856, with population 1,085.
The page has enough signal to be useful, but the story is mixed rather than decisive. Use compare mode to pressure-test it against stronger nearby options, then use the calculator if it still makes the shortlist.
Entry price sits in the lower-cost range for a first-pass screen. Recent price movement shows visible market momentum.
Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection.
Owners with a mortgage repay a median of $1,400/mo, while renters pay about $1,820/mo — renting runs $420/mo higher on these medians.
LGA-level official projection (Victoria in Future 2023, DTP). Indicative of the wider council area, not a suburb-level forecast.
Toongabbie is a close-knit residential community in Victoria within the Latrobe (Vic.) local government area (postcode 3856). It is home to about 1,085 residents, with a settled mid-life population and a median age of 39. Households earn a median income of $90K per year, with an average household size of 2.7 people. 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, labourers. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
Toongabbie has a median house price of $632,000, which has jumped by 20.3% year-on-year. The current median weekly rent is $420. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,400.
Toongabbie is served by 1 school, including 1 primary. The average ICSEA score is 964, which is around the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Latrobe (Vic.) LGA is higher than average at 17,840 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.5%, which reads as moderate yield. Property prices are near the state median ($632K/$875K). The price-to-income ratio of 7.0x is considered moderate. House prices have moved +20.3% year-on-year.
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There is enough direct local evidence on Toongabbie for a first-pass decision.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
DataVic-discovered annual suburb price workbooks parsed into suburb prices. Quarterly VIC resources are discovered and cached, but not yet used as current-price anchors.
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Toongabbie is in the Latrobe (Vic.) Local Government Area, VIC, postcode 3856. Council-level context for Latrobe (Vic.) LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
The current median house price in Toongabbie, VIC is $632K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
The median weekly rent in Toongabbie is $420/wk, based on the current market rent dataset. The current rent signal is rent context available.
Rent context available: Toongabbie has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
QuickProperty's investment signals for Toongabbie show: Moderate Yield, Near Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.