Located in Western Australia within the Toodyay local government area, Toodyay is a close-knit residential community (postcode 6566). With a population of 1,362, the suburb has a predominantly older resident base with a median age of 56. Households earn a median income of $49K per year, with an average household size of 2.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.0% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 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, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Toodyay has a median house price of $525,000, which has grown strongly by 9.4% year-on-year. The current median weekly rent is $460. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,365.
Toodyay is served by 1 school, including 1 combined. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 2 bus stops.
Looking at the investment signals, Gross rental yield sits at around 4.6% (moderate yield). Property prices sit below the state median ($525K/$951K), which can point to relative value. The price-to-income ratio of 10.7x is considered stretched. House prices have moved +9.4% year-on-year. Population growth of +3.0% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.