Thinking about buying in Tootool? Now could not be a better time, with just 76 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $453,000 with prices in this suburb ranging from $90,000 to $2,020,000. The aproximate distance to the coast is 288 Km.
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In Tootool there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Tootool is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Tootool provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Tootool we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Tootool a better buying opportunity than it may have been in the past.
None within suburb boundary
(While the above schools are located with the suburb of Tootool there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.2 | 17.6 | 34.6 | 21.5 | 74.0 | 3.2 | 25 |
Feb | 1.9 | 16.4 | 31.4 | 26 | 75.4 | 3.3 | 22.8 |
Mar | 1.5 | 13.4 | 28.5 | 29.7 | 80.7 | 2.9 | 17.8 |
Apr | 1.4 | 10.5 | 24.8 | 36.8 | 85.7 | 2.3 | 13.6 |
May | 1.1 | 5.4 | 17.7 | 52.1 | 95.2 | 2.0 | 10.3 |
Jun | 2.2 | 3.6 | 14.4 | 62.6 | 98.4 | 2.0 | 8.4 |
Jul | 1.1 | 2.9 | 13.8 | 60.6 | 96.8 | 2.1 | 9.2 |
Aug | 1.1 | 2.4 | 14.8 | 54.0 | 97.1 | 2.2 | 11.7 |
Sept | 0.6 | 3.6 | 19.8 | 33.9 | 91.6 | 2.6 | 17.4 |
Oct | 0.4 | 8.8 | 26.6 | 22.0 | 78.2 | 2.9 | 20.9 |
Dec | 1.9 | 16.2 | 32.6 | 21.8 | 71.7 | 3.0 | 26.3 |
source: Australian Government Bureau of Meteorology
20-04-2021 | $1,700,000 | 59 HENDERSONS RD |
15-04-2021 | $730,000 | 1009 BULLENBONG RD |
16-03-2021 | $70,000 | 2796 LOCKHART THE ROCK RD |
04-12-2019 | $230,000 | 928 BULLENBONG RD |
11-07-2019 | $220,000 | 928 BULLENBONG RD |
27-06-2019 | $130,000 | 507 BULLENBONG RD |
24-05-2018 | $1,459,500 | 368 BULLENBONG RD |
30-05-2016 | $1,400,000 | 59 HENDERSONS RD |
18-03-2015 | $1,850,805 | 625 TOOTOOL-MITTAGONG RD |
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