A named future precinct - City of Melton (long-term planning)

Market

Market and demographics for Toolern Vale.

Census data below describes Toolern Vale 3337, the host suburb for the Warrensbrook precinct. Modelled indicators are estimates, not valuations.

Est. annual growth

Est.

7.4%

Modelled annual capital growth indicator for the surrounding area.

Est. gross yield

Est.

3.1%

Modelled gross rental yield indicator for the surrounding area.

Median house price and median house rent are not shown for this location while the source data is under review. We would rather show nothing than show a figure we cannot stand behind.

ABS Census 2021 - Toolern Vale

Who lives here today.

Verified Census counts for the suburb of Toolern Vale, the established community hosting the future precinct.

Age profile (Toolern Vale)

  • 0-1416.5%
  • 15-2413.3%
  • 25-347.1%
  • 35-5428.4%
  • 55-6414.1%
  • 65+20%

Tenure (Toolern Vale)

86%owner occupied
  • Owned with a mortgage42.3%
  • Owned outright43.8%
  • Rented7.5%

Dwelling mix (Toolern Vale)

  • Houses97.7%
  • Townhouses1.5%
Population
818
Households
265
Private dwellings
288
Median age
44
Median household income
$99,216/yr
Average household size
2.9 people

Verified data: ABS Census 2021 (suburb of Toolern Vale), CC BY 4.0. Estimated figures are modelled, indicative only - not a valuation or financial advice.