Question 1

Is Toorbul a nice place to live?

Accepted Answer

Toorbul is a small coastal locality on the Pumicestone Passage with a quiet, low-density feel and a mangrove-lined foreshore. The water is the focus of daily life here, with boating, fishing and birdwatching common pastimes, and streetscapes made up of older beach houses and larger rural residential blocks. There is minimal commercial activity in the locality, so shopping and services are found in nearby towns, which helps keep Toorbul’s retreat-like character. It attracts people after a relaxed waterfront lifestyle, from retirees to families seeking a quieter pace.

The community of 958 people has a median age of 57 and a typical household income of $1,149 a week, and most homes are owner-occupied. Local amenities include Noel Downes Place foreshore park, the Toorbul Community and Sports Centre and the Esplanade boat ramp with a floating walkway. Council is preparing a Local Resilience Plan to identify natural-hazard risks and investigate future infrastructure options, and foreshore upgrade works for the Esplanade are also listed. Whether Toorbul suits you comes down to the pace and waterfront focus you want in a suburb.

Question 2

Is it expensive to live in Toorbul?

Accepted Answer

Renting a house in Toorbul at about $660 a week would take roughly 57.4% of what a typical local household earned per week at the most recent Census, which is a large share of income. If you're renting rather than buying, that rent share is the number that matters and whether it feels expensive depends on your own income and circumstances.

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 Toorbul a good place to invest?

Accepted Answer

House rents jumped 13.8% over the past year, a strong rise, while house values rose 4.7% over the same period, a modest increase. In Toorbul the rent a house earns has been the stronger performer this year compared with its price, so rental income growth outpaced capital growth on the house side.

If rental income is your priority, the 13.8% rise is the figure to watch; if you are focused on capital growth, the 4.7% change in house values is the relevant number. Whether that balance suits you depends on your objectives 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	4.7%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	49	N/A
Average rent Past 12 months	$660	N/A
Change in rent Past 12 months	13.8%	N/A

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