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All About Tooborac, Mitchell, VIC, 3522

Tooborac, situated within the Mitchell Shire in Victoria, is a small, charming town that offers a unique blend of rural tranquility and community warmth. The housing market in Tooborac is characterized by a selection of traditional country-style homes and sprawling properties, often with larger land parcels compared to urban areas. This makes it an appealing choice for those looking to escape the hustle and bustle of city life. While the property prices are generally more affordable than those in nearby major cities, prospective buyers can still expect to invest significantly for properties with substantial acreage or unique historical features. The market tends to be less volatile, providing a stable investment for homebuyers seeking long-term residence in a serene environment.

Living in Tooborac provides residents with a peaceful lifestyle surrounded by natural beauty. The community is tight-knit, with a population that cherishes local events and gatherings, fostering a sense of belonging. Residents enjoy the simplicity and slower pace of rural life, complemented by local amenities such as the famous Tooborac Hotel and Brewery, which is a focal point for social activities. Additionally, the town's scenic landscapes, including rolling hills and vineyards, offer ample opportunities for outdoor recreation and leisurely pursuits. While Tooborac is somewhat remote, essential services and schools are easily accessible, and larger commercial centers are just a short drive away, making it a practical yet idyllic place to call home.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Local Internet Speeds

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Tooborac Real Estate Market Outlook

Thinking about buying in Tooborac? Now could not be a better time, with just 310 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $812,000 with prices in this suburb ranging from $162,000 to $1,952,000. The aproximate distance to the coast is 77 Km.

Consistent high demand relative to supply is a key feature in Tooborac driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Tooborac are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Tooborac changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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. With very low industrial sector presence in Tooborac 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 Valuation

Properties for sale Tooborac

Nutrien Harcourts 2505 Seymour-Tooborac Road, Tooborac, VIC, 3522 Beds Bathrooms $835,000 to $865,000
Properties for sale in Tooborac

Local Schools

Tooborac Primary School

(While the above schools are located with the suburb of Tooborac 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.

Tooborac 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
Feb0.213.427.930.980.8522.6
Mar1.412.224.737.984.44.417.0
Apr1.79.320.444.687.13.412.0
May2.26.915.458.893.53.28.6
Jun2.55.512.967.496.02.97.5
Jul1.94.712.168.996.33.27.8
Aug1.54.513.458.595.03.210.8
Oct1.68.620.446.286.74.419.0
Nov0.91225.236.483.94.224.2
Dec0.011.62727.681.25.426.6
Jan1.714.229.829.782.65.524.7

source: Australian Government Bureau of Meteorology



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General Points of Interest


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