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Old Toongabbie

NSW 2146LGA: City of Parramatta

Investment Score

75

/100

AI Intelligence Summary

Old Toongabbie is a well-established Western Sydney suburb in the Blacktown Local Government Area, offering excellent value for families and first-home buyers. Located 32km from Sydney CBD, the suburb benefits from strong transport connectivity via Toongabbie Railway Station and regular bus services to Parramatta. The area features a diverse multicultural community with significant South Asian and Middle Eastern populations, creating a vibrant cultural atmosphere. Housing predominantly consists of detached homes on generous blocks, with some townhouses and units providing variety. The suburb offers excellent access to parks along Toongabbie Creek, quality schools, and shopping precincts in nearby Parramatta and Castle Hill. Property markets have shown steady growth driven by Western Sydney infrastructure investments and strong rental demand. The community is family-oriented with active multicultural associations and well-maintained recreational facilities. Future growth prospects are enhanced by planned transport improvements linked to Western Sydney Airport development and ongoing urban renewal projects in the broader region.

Strengths

  • Excellent transport connectivity with train station and bus services
  • Affordable housing options compared to inner Sydney suburbs
  • Strong multicultural community with diverse cultural amenities
  • Close proximity to Toongabbie Creek parklands and recreational facilities

Opportunities

  • Western Sydney Airport development driving regional growth
  • Planned transport infrastructure improvements
  • Increasing property values due to infrastructure investment
  • Growing demand for affordable family housing

Considerations

  • Distance from Sydney CBD may limit employment options
  • Limited high-end retail and dining options locally
  • Traffic congestion during peak periods on major roads
  • Some areas require urban renewal and infrastructure upgrades

Property Market

Median House

$920K

+8.5% 1yr

Median Unit

$650K

+7.2% 1yr

Median Townhouse

$780K

Rent (House)

$680/wk

Rent (Unit)

$560/wk

Days on Market

35

Vacancy Rate

1.8%

Auction Clearance

72.0%

Price Growth

Type1 Year3 Year5 Year
House+8.5%+22.0%+45.0%
Unit+7.2%+18.5%+38.0%

Rental Yields

House Yield

3.8%

Unit Yield

4.5%

Townhouse Yield

4.1%

Investment Scorecard

Overall Investment Score75/100
Growth Potential78/100
Cashflow Score72/100
Risk Score (lower = safer)68/100
Affordability Index68/100

Demand/Supply Ratio: 1.40

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Old Toongabbie at median house price

Standard transfer
$35,930
First Home Buyer
$21,558

Save $14,372

Foreign buyer surcharge
$73,600

+8% surcharge

Annual rent income
$35,360

$680/wk

Interest (80% LVR @ 6.5%)
-$47,840
Other expenses (~2.5%)
-$23,000
Net rental position
-$35,480

Negatively geared

Tax benefit (39% MTR)
+$13,837

Reduces taxable income

After-tax holding cost
$21,643/yr

~$416/week

Based on 9.0% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$1.42M
Capital gain
$455,004
After discount
$227,502
CGT payable
$88,726

10-Year Hold

Est. value
$2.18M
Capital gain
$1.22M
After discount
$608,722
CGT payable
$237,402

Investor Quick Summary

Entry cost (stamp duty)

$35,930

After-tax yield

2.32%

Weekly holding cost

$416/wk

10yr CGT (est.)

$237,402

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

8,500

Median Age

35

Median Income

$78K

per annum

Family Households

62.0%

Professionals

42.0%

University Educated

35.0%

Unemployment

4.2%

Born Overseas

48.0%

Dwelling Mix

Houses: 68%Units: 22%Townhouses: 10%Total: 3,200

Lifestyle & Community

Walkability65/100
Public Transport8/10
Schools Rating7/10
Safety7/10
Family Friendly8/10
Cafes & Restaurants

15

Parks

8

Hospitals

1

Distance to CBD

32.0 km

Nearest Station: Toongabbie Station

Family-oriented lifestyle with access to parks, recreational facilities, cultural activities, and community events. Good balance of suburban tranquility with urban convenience.

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Data sourced from multiple sources. Last updated 28 March 2026.

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