Toronto

POSTAL CODE: NSW, 2283
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TORONTO ranks 637th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 12.4% for the past year is higher than average compared to its 59.81% growth within a five-year period.

Also in TORONTO, the median home price is sitting at $843,000, and the average rent at $620, this suggests property owners could potentially earn a 3.82% increase in gross rental yield.

Property investors have seen a 3.09% gain in TORONTO based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on TORONTO, 2283 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 12.4%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.5% growth over a ten-year period. It ranks 925th on our list of suburbs that property investors should look into.

Surburb overview

Toronto is a lakeside suburb and commercial centre in the City of Lake Macquarie, NSW, with postcode 2283, situated on the western shore of Lake Macquarie between Carey Bay, Blackalls Park and Kilaben Bay.

The suburb is about 28 kilometres south-west of Newcastle’s central business district, with The Boulevarde and other arterial roads connecting it to surrounding western Lake Macquarie communities.

The 2021 Census recorded more than 6,000 residents in Toronto, with detached houses forming a substantial proportion of the city’s housing stock. Housing extends from the Lake Macquarie foreshore into surrounding residential areas, while the town centre contains retail, commercial, and community facilities.

Toronto does not have an operating passenger railway station, with nearby Fassifern Station providing services towards Newcastle, the Central Coast and Sydney. Bus services connect Toronto with Fassifern Station, Glendale and surrounding suburbs, including Coal Point, Rathmines, Blackalls Park and Bolton Point.

Toronto Public School and Toronto High School provide government primary and secondary education, with additional education facilities available across western Lake Macquarie.

The commercial area around The Boulevarde contains supermarkets, pharmacies, banks, cafes, medical practices and other everyday retail and professional services.

Healthcare facilities include local general practices, dental and allied health providers, while larger hospitals and specialist services are available elsewhere in Lake Macquarie and Newcastle.

Toronto has extensive frontage on Lake Macquarie, providing opportunities for boating, fishing, kayaking, sailing and other water-based activities. Toronto Foreshore features parks, picnic areas, playgrounds, and walking paths overlooking the lake. The Royal Motor Yacht Club Toronto at nearby Carey Bay provides boating facilities and access to Lake Macquarie.

The Fassifern to Toronto shared pathway follows part of the former railway corridor and provides a route for walking and cycling. Sports grounds, local parks, and community facilities provide additional recreational options throughout Toronto.

Neighbouring Coal Point, Carey Bay and Blackalls Park contain further foreshore reserves and lake access, while bushland areas across western Lake Macquarie provide additional opportunities for nature-based recreation.

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