Question 1

Is Tooborac a nice place to live?

Accepted Answer

Tooborac is a small historic country town set among rolling grazing country and native bush. The village has a compact, old-fashioned centre of weatherboard and bluestone buildings and a quiet main street, while surrounding farms, hobby properties and lifestyle blocks shape a rural, community-focused way of life. Locals gather at the hall and reserve, and there are plenty of opportunities for bushwalking and outdoor pursuits on neighbouring tracks and paddocks. It also appeals to people seeking a slower country lifestyle while still being within driving reach of larger regional centres.

With 319 residents and a median age of 49, the community is dominated by couple families, who make up 87.3% of all families, and homes are largely owner-occupied (42.2% owned outright and 46.8% owned with a mortgage, with 11.0% rented). Local infrastructure improvements include a staged upgrade to Tooborac Primary School that delivered new classroom and administration spaces, Mitchell Shire progressing a recreation reserve master plan with community consultation, and an emergency water supply point added as part of the statewide network. Whether Tooborac suits you will depend on whether that small, settled rural rhythm fits what you want.

Question 2

Is it expensive to live in Tooborac?

Accepted Answer

Tooborac's typical household income as recorded at the most recent Census was $1,361 a week. However, there haven't been enough recent property sales or rentals in Tooborac to publish reliable house or unit prices or rent figures, so it's not possible to describe how expensive it is to live here compared with local incomes.

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 Tooborac a good place to invest?

Accepted Answer

There haven't been enough recent sales in Tooborac to put reliable figures on how house and unit values and rents have moved over the past year, which is common in smaller or quieter markets. Without that information, there isn't a clear picture of how the suburb has performed as an investment during that period.

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.

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