All About Tolmie, Wangaratta, VIC, 3723
Tolmie, located in the Wangaratta region of Victoria, offers a unique slice of rural Australian life, distinctively marked by its serene natural beauty and tight-knit community. The housing market in Tolmie reflects its small-town charm, with properties typically comprising spacious plots and older-style homes that exude rustic appeal. As of late, the market has experienced moderate demand, attributed to people seeking respite from urban hustle and the allure of more affordable property prices compared to metropolitan areas. The rural setting, coupled with periodic interest from tree-changers and retirees, influences market trends, ensuring a steady, though not rapid, appreciation in property values. This makes Tolmie an attractive option for those aiming to invest in a peaceful country lifestyle with the potential for future growth.
Living in Tolmie is characterized by the quiet pleasure of nature-drenched landscapes and a strong sense of community, making it ideal for families, nature lovers, and retirees. The area is surrounded by lush greenery, rolling hills, and scenic vistas, offering ample opportunities for outdoor activities like hiking, bird watching, and fishing. Despite its rural setting, Tolmie maintains a vibrant community spirit with local events and gatherings that enhance its small-town closeness. Essential amenities are accessible in nearby Mansfield or Wangaratta, providing a balanced blend of solitude and convenience. Overall, life in Tolmie is marked by tranquility, community engagement, and an opportunity to connect closely with nature, offering a satisfying retreat from the urban pace.
Household Makeup
| Median Weekly Rent | $115.00 |
| Median Monthly Mortgage | $1181.00 |
| Median Persons Per bed houseroom | 0.80 |
| Average Household Size | 2.00 |
| Average Age | 50.00 |
| Average Income | $645.00 |
| Average Cars Per Dwelling | 2.05 |
| Average Properties Within 50M | 1 |
| Typical 1 bed house | $392,000 |
| Typical 2 bed house | $471,000 |
| Typical 3 bed house | $896,000 |
| Typical 4 bed house | $1,542,000 |
| Typical 5 bed house | $877,000 |
| Typical 6 bed+ house | $877,000 |
Housing Stock
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Tolmie Real Estate Market Outlook
Thinking about buying in Tolmie? Now could not be a better time, with just 455 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $867,000 with prices in this suburb ranging from $276,000 to $1,602,000. The aproximate distance to the coast is 144 Km.
In Tolmie 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 Tolmie 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 Tolmie 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 Tolmie 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 Tolmie 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.
Instant Property ValuationHouses for sale Tolmie
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245 Tolmie-Mahaikah Road, Tolmie, VIC, 3723 |  0 |
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 0 |
$390,000 |
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125 Tolmie-Mahaikah Road, Tolmie, VIC, 3723 | 3 |
1 |
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$730,000 - $770,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Tolmie there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Tolmie 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 2.9 | 10.1 | 19.0 | 37.5 | 78.5 | 5.4 | 26.6 |
| Feb | 3.6 | 8.9 | 17.1 | 45.8 | 83.9 | 5.0 | 20.3 |
| Mar | 3.4 | 6.5 | 13.8 | 54.9 | 92.5 | 5.4 | 16.5 |
| Apr | 4.3 | 3.9 | 10.1 | 59.0 | 92.6 | 5.6 | 12.3 |
| May | 5.1 | 0.5 | 5.5 | 67.6 | 95.1 | 6.6 | 8.0 |
| Jun | 5.7 | -1.4 | 3.0 | 71.0 | 95.5 | 5.6 | 6.8 |
| Jul | 6.1 | -2.6 | 1.2 | 82.0 | 97.8 | 5.4 | 6.3 |
| Aug | 6.1 | -2.9 | 1.5 | 78.1 | 98.0 | 5.9 | 9.5 |
| Sept | 4.2 | -0.8 | 5.3 | 63.8 | 96.6 | 5.3 | 14.2 |
| Oct | 4.3 | 2.0 | 9.4 | 57.7 | 92.3 | 5.1 | 20.2 |
| Nov | 4.2 | 4.2 | 12.0 | 53.9 | 90.4 | 6 | 22.6 |
| Dec | 3.6 | 6.9 | 15.4 | 43.1 | 83.9 | 5.6 | 26.8 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Tolmie Recreation Reserve - Less than 5 KM
Nearby Suburbs
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