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Toolern Vale
VIC, 3337 - Melton

Thinking about buying in Toolern Vale? Now could not be a better time, with 553 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,633,000 with prices in this suburb ranging from $579,000 to $3,785,000. The aproximate distance to the coast is 28 Km.

Household Makeup

Median Weekly Rent $398.40
Median Monthly Mortgage $2247.00
Median Persons Per Bedroom 0.74
Average Household Size 3.00
Average Age 47.60
Average Income $899.20
Average Cars Per Dwelling 2.85
Average Properties Within 50M 2

Housing Stock

Average Property Prices

1 Bed  $1,548,000
2 Bed  $1,698,000
3 Bed  $1,219,000
4 Bed  $1,476,000
5 Bed  $1,499,000
6 Bed+$1,698,000

Toolern Vale Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Toolern Vale driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Toolern Vale due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Toolern Vale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Toolern Vale necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Toolern Vale the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Toolern Vale

Woodards 165-197 HJORTHS RD, TOOLERN VALE, VIC, 3337 Beds Bathrooms $800,000

Local Schools

Toolern Vale and District Primary School

(While the above schools are located with the suburb of Toolern Vale there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Toolern Vale weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.314.527.734.887.05.524.3
Feb1.314.427.037.688.55.220.4
Mar1.313.124.639.888.65.015.9
Apr1.410.420.943.790.64.911.9
May1.28.216.951.390.85.48.6
Jun1.46.214.158.993.25.27.3
Jul1.05.913.756.091.46.27.7
Aug1.2614.749.290.36.110.3
Sept1.67.417.742.889.46.114.5
Oct1.68.820.739.290.15.618.6
Nov1.910.722.93890.35.421.7
Dec1.712.625.535.788.65.425.3

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

KurunjangHarknessGisborne SouthMeltonCoimadaiLong ForestMelton WestDiggers RestGisbornePlumpton

Public Transport


General Points of Interest

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