Toogong Real Estate, NSW, 2864 Cabonne

Thinking about buying in Toogong? Now could not be a better time, with just 52 residential dwellings it's a highly sought after location.

Distance to the coast is 231 Km.

Toogong Real Estate Market Outlook

In Toogong 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. 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 Toogong 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 Toogong 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 Toogong 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 Toogong a better buying opportunity than it may have been in the past.

About

Local Schools


None within suburb boundary

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

Local Crime Rates


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.115.533.623.082.63.627.2
Feb2.715.030.232.086.43.523.1
Mar2.712.326.938.190.93.118.4
Apr1.37.322.342.794.72.614.9
May1.23.017.450.696.62.511.1
Jun2.02.113.961.597.42.59.1
Jul1.90.613.261.398.72.49.4
Aug1.30.514.552.698.12.612.4
Sept1.62.318.344.996.22.917.4
Oct1.45.723.136.794.43.122.3
Nov2.89.627.230.691.73.125.0
Dec2.212.730.424.585.13.427.9

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

28-01-2022 $460,000 64 BARRACK ST TOOGONG 2864
01-11-2021 $1,200,000 5845 CANOWINDRA RD TOOGONG 2864
01-04-2021 $2,300,000 5436 THE ESCORT WAY TOOGONG 2864
13-08-2019 $330,000 24 BARRACK ST TOOGONG 2864
20-03-2019 $170,000 5045 THE ESCORT WAY TOOGONG 2864
11-12-2017 $935,000 5845 CANOWINDRA RD TOOGONG 2864
29-11-2017 $345,000 64 BARRACK ST TOOGONG 2864
24-11-2015 $206,000 28 FORBES ST TOOGONG 2864
02-03-2015 $45,000 1 BARRACK ST TOOGONG 2864
13-02-2014 $41,000 1 BARRACK ST TOOGONG 2864
03-09-2013 $800,000 5463 THE ESCORT WAY TOOGONG 2864
15-07-2013 $595,000 5220 THE ESCORT WAY TOOGONG 2864
29-03-2012 $740,000 201 TOOGONG RD TOOGONG 2864
23-05-2011 $320,000 64 BARRACK ST TOOGONG 2864
18-05-2011 $544,000 4880 THE ESCORT WAY TOOGONG 2864
26-07-2006 $25,000 1 BARRACK ST TOOGONG 2864
29-09-2005 $15,000 1 FORBES ST TOOGONG 2864

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