Tooradin

Tooradin, VIC 3980, is a small suburb with a population of 1,722, experiencing steady population growth. The residents mainly comprise families and young professionals, with a mix of age groups from children to retirees. The suburb offers a peaceful lifestyle with opportunities for outdoor activities and a close-knit community feel. Most residents prefer to commute by motor vehicle, while some work from home. The suburb has a moderate educational advantage index for government schools. For house investors, Tooradin presents a mixed outlook. With a moderate market absorption rate, there may be opportunities for long-term capital growth. The suburb's high rental yield and relatively low vacancy rate make it appealing for investors seeking rental income. The discounted median percentage suggests potential negotiation opportunities. However, the negative median growth in the short term should be considered carefully. Tooradin, VIC 3980, offers a family-friendly lifestyle in a tight-knit community with decent educational facilities. House investors can find opportunities for rental yield and potential long-term capital growth, although the short-term growth trend is negative. The suburb's peaceful environment and moderate population growth make it an attractive location for homeowners and property developers looking for renovation projects. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022