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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 positive growth over the past 12 months, with house values increasing by 6.5% and unit values rising by 10.9%. The median house price over the past three months has averaged $867,500, while units have averaged $553,750, indicating a strong demand for both property types.

Sales activity has been moderate, with 20 houses and 5 units sold in the past three months. Houses are selling relatively quickly, with a median of 24 days on the market, compared to 44 days for units, suggesting a higher demand for houses.

The rental market in Toukley has also seen changes, with house rents increasing by 2.1% and unit rents rising significantly by 10.6% over the last 12 months, reflecting a robust demand for rental properties, particularly units.

Median price - houses$793KPast 3 months

Median price - units$554KPast 3 months

Change in value - houses5.5%12 months

Change in value - units10.9%12 months

Houses sold20Past 3 months

Units sold4Past 3 months

Median DOM - houses24Past 12 months

Median DOM - units40Past 12 months

Average rent - houses$480Past 12 months

Average rent - units$470Past 12 months

Change in rent - housesN/APast 12 months

Change in rent - units10.6%Past 12 months

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 shown moderate growth, with house rents increasing by 2.1% over the past year to $490 per week, while unit rents have seen a more significant rise of 10.6% to $470 per week. This coastal suburb continues to attract renters and investors alike, offering a blend of affordability and lifestyle appeal.

Suburbs near Toukley

Some popular suburbs near Toukley include:

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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