Question 1

Is Tomakin a nice place to live?

Accepted Answer

Tomakin is a small coastal village on the NSW South Coast set around a sheltered estuary that opens to the Tasman Sea, with sandy beaches and coastal headlands. Streets mix classic beach cottages and newer homes tucked into native bush, and everyday life is centred on outdoor activity — boating and fishing from the estuary, foreshore walks and birdwatching. The community of 1,233 has a median age of 54 and a median household income of $1,260 a week. Homes are mostly owner-occupied (79.2%) and family households are largely couples with or without children, so the area suits retirees, families and holiday homeowners.

Basic services are available locally and a larger regional centre nearby provides broader shopping, schools and medical options. Council-led coastal and marine projects are under way, including upgrades to the Lakeside Drive marine facility (boat ramp, car parking and an accessible public toilet), coastal management work addressing erosion at Tomakin Beach, Tomakin Cove and the spit, road safety and roundabout realignment works on Tomakin Road and George Bass Drive, and a flood study being reviewed alongside the coastal work. Whether Tomakin is right for you depends on how much you value a quieter seaside lifestyle and ready access to the estuary and beaches.

Question 2

Is it expensive to live in Tomakin?

Accepted Answer

House rents in Tomakin run to about $665 a week. Against a typical local household income as recorded at the most recent Census of $1,260 a week, that rent would take just over half of a household's weekly income, about 52.8%, which is a large share of income; if you are renting, that is the figure that matters most when weighing cost here.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Tomakin a good place to invest?

Accepted Answer

House values in Tomakin climbed 20.9% over the past 12 months, a strong rise. Over the same period, the rent a house earns edged down 1.5%, a slight fall.

Put simply, the past year shows strong capital growth for houses while rental income from houses dipped slightly. If rental income is your priority, the small fall in house rents is the number to watch; if you are focused on capital growth, the value rise is the relevant figure. Whether that balance suits you depends on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	20.9%	N/A
Sold Past 3 months	7	N/A
Median days on market Past 12 months	41	N/A
Average rent Past 12 months	$665	N/A
Change in rent Past 12 months	-1.5%	N/A

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