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Toukley suburb profile

Toukley is a charming coastal suburb located on the Central Coast of New South Wales, known for its relaxed lifestyle and natural beauty. Nestled between Tuggerah Lake and the Pacific Ocean, Toukley offers residents and visitors stunning water views and a variety of outdoor activities, including fishing, boating, and beachcombing. The suburb features a mix of residential areas, local shops, and community facilities, making it a convenient and welcoming place to live. With its close-knit community and easy access to nearby beaches and national parks, Toukley is an appealing destination for families, retirees, and nature enthusiasts.

Toukley property market performance

Toukley's property market has shown modest growth over the past 12 months, with house values increasing by 3.8%, bringing the median house price to $860,000. The unit market has remained stagnant, with no change in median value, reflecting limited activity in this sector.

Sales activity has been relatively low, with 22 houses and only 3 units sold in the past 12 months. Houses are taking longer to sell, with a median of 67 days on the market, indicating a more cautious buyer sentiment.

The rental market in Toukley has seen moderate growth, with house rents increasing by 5.5% and unit rents by 5.0% over the last 12 months, suggesting a steady demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$860KN/A
Change in value
Past 12 months
3.8%N/A
Sold
Past 3 months
223
Median days on market
Past 12 months
67N/A
Average rent
Past 12 months
$520$420
Change in rent
Past 12 months
5.5%5.0%

5 year median price trend for houses and units

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Toukley demographics

Toukley, located on the Central Coast of New South Wales, is a charming suburb known for its relaxed coastal lifestyle and close-knit community. With a population of 4,557, Toukley offers a peaceful environment that attracts families, retirees, and those seeking a slower pace of life. The median age of 47 reflects a mature community, with many residents enjoying the suburb's natural beauty and recreational opportunities, such as fishing, boating, and beach activities.

The suburb's housing landscape is diverse, with a significant portion of properties being rented, accounting for 43.3% of the housing market. This indicates a level of flexibility for those who prefer renting over homeownership. Meanwhile, 33.4% of properties are owned outright, suggesting a stable community with long-term residents. The remaining 23.3% of properties are owned with a mortgage, highlighting a mix of established homeowners and new buyers entering the market.

Family dynamics in Toukley are varied, with couple families without children making up 44.7% of the family households, followed by couple families with children at 28.1%. One-parent families also form a significant part of the community, comprising 25.2% of family households. This diverse family structure contributes to the suburb's inclusive and supportive atmosphere. Overall, Toukley offers a blend of coastal charm, community spirit, and a balanced lifestyle, making it an appealing choice for those looking to enjoy the best of the Central Coast.

Toukley infrastructure, key developments and investment opportunities

Toukley is experiencing several infrastructure upgrades that could boost its property market appeal. The ongoing redevelopment of Toukley Town Centre aims to revitalize the area with improved public spaces and amenities. Additionally, upgrades to local schools, including Toukley Public School, are enhancing educational facilities for families in the area.

Transport improvements, such as road upgrades along Main Road and the Pacific Highway, are enhancing connectivity within Toukley and to neighboring areas. The continued development of cycling and walking paths around Tuggerah and Budgewoi Lakes is increasing recreational options and lifestyle appeal. These infrastructure projects, combined with Toukley's coastal location and proximity to lakes, are likely to maintain strong interest in the local property market.

Toukley rental market trends

The rental market in Toukley has experienced moderate growth, with house rents increasing 5.5% over the past year to $520 per week, while unit rents have risen 5.0% to $420 per week. This steady growth reflects the suburb's appeal, offering a balanced lifestyle with access to coastal amenities and a relaxed community atmosphere.

Suburbs near Toukley

Some popular suburbs near Toukley include:

How does Toukley compare to nearby suburbs?

  • Median house prices: Toukley’s median house price is 4.8% higher than Blue Haven’s.
  • House price growth: Over the past 12 months, house prices in Toukley have grown 0.9% higher than in Hamlyn Terrace.
  • Selling speed for houses: Properties in Toukley are selling 29.5% faster than in Lake Munmorah.

Common questions about Toukley

  • Is Toukley a nice place to live?

    Toukley is a delightful coastal suburb that offers a serene and picturesque lifestyle, perfect for those who appreciate natural beauty and a relaxed pace of living. Situated on the Central Coast, Toukley is surrounded by stunning water views, providing a tranquil backdrop for everyday life. The suburb is known for its friendly and welcoming community, making it an ideal place for families looking to settle down in a supportive environment. With local shops and community facilities readily available, residents enjoy the convenience of having essential amenities close by.

    Families will find Toukley particularly appealing due to its safe and peaceful atmosphere, coupled with the ongoing improvements in local infrastructure and schools. The suburb's proximity to beaches and national parks offers endless opportunities for outdoor activities, such as fishing, boating, and exploring nature trails. While Toukley may not have the bustling nightlife of a city, it compensates with its charming coastal vibe and a strong sense of community that fosters a wholesome lifestyle.

    One trade-off of living in Toukley is the slower pace, which might not suit those seeking the excitement of urban living. However, this is precisely what attracts many to the area, as it provides a perfect escape from the hustle and bustle. The ongoing infrastructure upgrades, including road improvements and the redevelopment of the town centre, are set to enhance connectivity and lifestyle options, making Toukley an increasingly attractive place to call home. For those who value a peaceful coastal lifestyle with a strong community spirit, Toukley is a wonderful choice.

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  • Is it expensive to live in Toukley?

    Living in Toukley can be considered relatively affordable compared to larger cities, but it still presents some financial challenges. With a median house price of $867,500 and a median unit price of $553,750, purchasing property here is not as costly as in Sydney, yet it remains a significant investment. Renting is more accessible, with average house rents at $490 per week and units at $470 per week, which are reasonable compared to metropolitan standards.

    However, when you compare these housing costs to the average wage in Toukley, which is around $54,000 per year, the picture becomes a bit more complex. This average wage is below the national average, indicating that while the cost of living may be lower than in major cities, residents might still find it challenging to afford property without a substantial income. The median total household income in Toukley is $1,044 weekly, which suggests that many households may need dual incomes to comfortably manage living expenses, particularly if they are looking to buy a home.

    Overall, Toukley offers a balance of affordability and lifestyle, especially for those looking to escape the hustle and bustle of city life. If you are thinking of living in Toukley, it's important to consider how your income aligns with the housing costs and whether the lifestyle benefits outweigh the financial commitments.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Toukley a good place to invest?

    Toukley is showing promising signs as a potential investment suburb, particularly for those interested in units. Over the past year, the median unit value has increased by an impressive 10.9%, indicating strong demand and potential for capital growth. This is complemented by a significant 10.6% rise in unit rents, suggesting a robust rental market that can provide steady income for investors.

    While house values have also seen a healthy increase of 6.5%, the rental growth for houses has been more modest at 2.1%. This suggests that while houses may offer capital appreciation, units currently present a more dynamic opportunity for rental returns. Toukley's appeal lies in its coastal charm and lifestyle, which continues to attract both renters and buyers, contributing to its market resilience.

    Overall, Toukley offers a balanced investment landscape with strong growth in the unit sector. Its coastal location and lifestyle amenities make it a desirable place to live, ensuring ongoing demand. For investors seeking a blend of capital growth and rental income, particularly in the unit market, Toukley is certainly worth considering.

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Choose the right real estate agents in Toukley

There are 50 real estate agents working in Toukley, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 29.8% of all sales in the past year.

Commission rates in Toukley typically range from 2.25% to 3%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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