Question 1

Is Toormina a nice place to live?

Accepted Answer

Toormina sits on the outskirts of Coffs Harbour on the Mid North Coast and feels quietly residential. Tree-lined streets and low-rise brick and weatherboard homes on modest blocks make up most of the housing, with pockets of newer infill and small unit developments. The suburb has 6,171 residents and a median age of 45. Households have a median weekly income of $1,059, about $55,068 a year, and around 63.1% of dwellings are owner-occupied while 36.8% are rented. Residents tend to be families, retirees and people who work in nearby Coffs Harbour.

Everyday needs are met by local shops, sports fields and community facilities, and easy access to the Pacific Highway and local roads helps with trips to the CBD, beaches and the airport. Council-led upgrades are under way at the sports precinct and Toormina Oval, and local plans include reviews of the library, better connections to the community centre, potential youth spaces and renewal of hall amenities. Those features give a picture of an established, practical suburb that may suit families, retirees or commuters depending on what you are after.

Question 2

Is it expensive to live in Toormina?

Accepted Answer

With a median house price of $850,000, buying in Toormina works out to about 15.4 times a typical local annual household income at the last Census, which puts buying well above local incomes. Rents are also large compared with those incomes: a house renting for $650 a week would take about 61.3% of a typical local household's weekly income at the last Census, and a unit at $500 a week would take about 47.2% — both are a large share of income.

On these figures, buying sits much higher above what households in the area earned at the last Census, and renting would still use a large portion of a local household's weekly income. Whether that 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 Toormina a good place to invest?

Accepted Answer

Over the past 12 months in Toormina, houses and units moved in very different directions. Median house values rose 8.9% and house rents increased 8.3%, both solid rises; on the houses side this year the suburb recorded capital growth alongside higher rental income.

Units tell a contrasting story: median unit values fell 13.8% while unit rents jumped 14.2%. That is a large drop in sale value alongside a strong rise in the rent those units earn. If rental income is your priority, the unit rent growth is the figure to notice; if capital growth matters more, the house figures are the relevant ones. What that means for 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	$850K	N/A
Change in value Past 12 months	8.9%	-13.8%
Sold Past 3 months	11	4
Median days on market Past 12 months	28	26
Average rent Past 12 months	$650	$500
Change in rent Past 12 months	8.3%	14.2%

Get a property report and suburb profile for any property in Toormina

Toormina suburb profile

Toormina property market performance

5 year median price trend for houses and units

Toormina demographics

Suburbs near Toormina

How does Toormina compare to nearby suburbs?

Choose the right real estate agents in Toormina

Get a head start and compare top local agents in Toormina

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market