Toongabbie suburb profile
Toongabbie is a well-established suburb in Sydney's western region, approximately 30km from the CBD. Known for its strong community spirit and diverse population, Toongabbie offers a mix of residential, commercial, and recreational spaces. The suburb is characterized by its leafy streets, family-friendly parks, and a variety of housing options, ranging from classic homes to modern apartments. With convenient access to public transport, including the Toongabbie train station, residents enjoy easy connectivity to the city and surrounding areas. The suburb's local shops, schools, and community facilities contribute to its appeal as a comfortable and accessible place to live.
Toongabbie property market performance
Toongabbie's property market has shown a positive trend over the past 12 months, particularly in the housing sector. House values have increased by 9.2%, bringing the median house price to approximately $1.29 million. In contrast, unit values have remained stable, with the median unit price holding steady at $552,000.
Sales activity has been robust, with 24 houses and 49 units sold in the past three months. Houses are selling slightly faster than units, with a median of 32 days on the market compared to 35 days for units, indicating a healthy demand for both property types.
The rental market in Toongabbie has experienced notable growth over the last 12 months. Average rent for houses has increased by 6.3%, while units have seen an even more significant rise of 8.9%, reflecting strong demand in the rental sector.
Median price - houses$1.28MPast 3 months
Median price - units$552KPast 3 months
Change in value - houses9.2%12 months
Change in value - units-4.2%12 months
Houses sold24Past 3 months
Units sold49Past 3 months
Median DOM - houses31.5Past 12 months
Median DOM - units35Past 12 months
Average rent - houses$670Past 12 months
Average rent - units$610Past 12 months
Change in rent - houses6.3%Past 12 months
Change in rent - units8.9%Past 12 months
Toongabbie demographics
Toongabbie, located in the Greater Western Sydney region, is a suburb that offers a blend of suburban tranquility and urban convenience. With a population of 16,177 and a median age of 35, it is a community that appeals to both young families and established residents. The suburb is characterized by its strong family orientation, with 54.9% of households being couple families with children, reflecting its appeal to those seeking a family-friendly environment.
The housing landscape in Toongabbie is diverse, with a significant portion of properties owned outright (24.5%) or with a mortgage (39.5%). This indicates a stable residential base, with many families choosing to settle long-term. Additionally, 36% of properties are rented, providing options for those who prefer flexibility or are new to the area. The median total household income of $2,106 per week suggests a relatively comfortable standard of living, supporting a range of lifestyle choices.
Toongabbie's community is enriched by its cultural diversity and accessibility to amenities such as schools, parks, and shopping centers. The suburb's proximity to major transport links makes it an attractive option for commuters working in Sydney's CBD or other parts of the city. With its blend of community spirit, convenient location, and family-friendly atmosphere, Toongabbie continues to be a desirable place for many Australians to call home.
Toongabbie infrastructure, key developments and investment opportunities
Toongabbie is undergoing several developments that could impact its property market. The suburb is experiencing gradual urban renewal, with older homes on large blocks being replaced by medium-density housing in some areas. This trend is likely to continue, potentially increasing housing supply and changing the suburb's character. The local shopping precinct near the train station is also slated for revitalization, which could enhance amenities and boost property values in the vicinity.
Infrastructure improvements, including upgrades to local parks and the Toongabbie Creek corridor, are enhancing the suburb's livability. These green space enhancements, coupled with Toongabbie's good transport links via train and bus services, are likely to maintain steady demand for properties in the area. The suburb's growing reputation as 'Little Sri Lanka' is also contributing to its cultural diversity and appeal, potentially attracting more investors and residents seeking a multicultural community atmosphere.
Toongabbie rental market trends
The rental market in Toongabbie has experienced moderate growth, with house rents increasing by 6.3% over the past year to $670 per week, while unit rents have seen a more significant rise of 8.9% to $610 per week. This suburb continues to attract renters and investors alike, thanks to its strategic location and ongoing development in local amenities.
Suburbs near Toongabbie
Some popular suburbs near Toongabbie include: