All About Toomulla, Townsville, QLD, 4816

Toomulla, a serene coastal suburb of Townsville, Queensland, offers a unique blend of tranquil beachside living and affordable housing options. The housing market in Toomulla is characterized by a selection of modest homes, many of which boast ample yards and proximity to the beach. This attractive combination often appeals to retirees, families, and individuals seeking a peaceful lifestyle away from the hustle and bustle of city life. Despite its small size, Toomulla has witnessed a growing interest from buyers looking for a close-knit community atmosphere coupled with the natural beauty that comes from living near the Coral Sea. Though it is more affordable compared to some of the busier suburbs in Townsville, Toomulla still provides good value for those looking to invest in a coastal property.

Living in Toomulla offers residents a relaxed and laid-back environment marked by stunning natural surroundings. The suburb is renowned for its fishing spots and quiet beaches, making it a paradise for outdoor enthusiasts and nature lovers. Community life in Toomulla is friendly and welcoming, with local events and gatherings fostering a sense of belonging among residents. While amenities within Toomulla itself are limited, major shopping centers and facilities can be accessed with a short drive to nearby Townsville. The suburb's tranquil setting, combined with its proximity to urban conveniences, makes Toomulla an appealing choice for those who appreciate peaceful living with easy access to city amenities.

Toomulla Real Estate Market Outlook

Thinking about buying in Toomulla? Now could not be a better time, with just 179 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $437,000 with prices in this suburb ranging from $93,000 to $2,192,000. Toomulla is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Toomulla 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. The slightly lower than average earnings from occupations in Toomulla 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. Medium density in Toomulla necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Toomulla 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 Toomulla a better buying opportunity than it may have been in the past.

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