Toronto

Population growth drivers in Toronto are slightly above average based on AreaSearch's ranking of recent, and medium term trends

The estimated population of the suburb of Toronto is around 6,317 as of May 2026, reflecting an increase of 344 people since the 2021 Census. This growth represents a 5.8% increase from the previous figure of 5,973 residents. The change is inferred from AreaSearch's resident population estimate of 6,305 following examination of ABS's latest ERP data release in June 2025 and an additional 40 validated new addresses since the Census date. This level of population results in a density ratio of 677 persons per square kilometer. Toronto's growth rate exceeded that of the Rest of NSW at 5.8% compared to 4.9%. Interstate migration contributed approximately 60.0% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, NSW State Government's SA2 level projections released in 2022 with a base year of 2021 are used. Future population trends project an above median growth for non-metropolitan areas nationally, with the suburb expected to grow by 801 persons to 2041, reflecting a total gain of 12.5% over the 16 years.

AreaSearch assessment of residential development drivers sees a low level of activity in Toronto, placing the area among the bottom 25% of areas assessed nationally

Toronto has experienced approximately 22 dwelling approvals per year based on AreaSearch analysis of ABS building approval numbers. Over the past five financial years, from FY-21 to FY-25, around 113 homes have been approved, with an additional 12 approved in FY-26 so far. On average, 0.7 people have moved to the area per dwelling built over these five years.

This suggests that new construction is keeping pace with demand or even exceeding it, providing more housing options and potentially driving population growth beyond current expectations. The average expected construction cost value of new dwellings in Toronto is $706,000, indicating a focus on premium market developments. Commercial approvals this financial year total $1.6 million, reflecting the area's residential nature. Comparatively, Toronto shows reduced construction activity relative to the rest of NSW, with 57.0% fewer approvals per person.

This limited new supply generally supports stronger demand and values for established dwellings. The composition of new development in Toronto is 64.0% standalone homes and 36.0% townhouses or apartments, with a growing mix providing options across different price points. The estimated population density is 745 people per dwelling approval, reflecting its quiet development environment. Population forecasts indicate that Toronto will gain 789 residents by 2041, according to the latest AreaSearch quarterly estimate. Development activity in Toronto appears to be keeping pace with projected growth, although buyers may face increasing competition as the population expands.

Toronto has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Four projects identified by AreaSearch are expected to impact the area significantly: Toronto Foreshore Revitalisation, 114-120 Cary Street Mixed Use Development, 136-138 Brighton Avenue Apartment Development, and Rathmines Park Transformation.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment conditions in Toronto face significant challenges, ranking among the bottom 10% of areas assessed nationally

Toronto has a skilled workforce with well-represented essential services sectors. Its unemployment rate was 9.1% as of an unspecified date. As of December 2025, Toronto had 2,443 residents employed and an unemployment rate of 5.2%, which is higher than Regional NSW's rate of 3.9%.

Workforce participation in Toronto was 49.9%, compared to Regional NSW's 60.5%. According to Census responses, 20.5% of residents worked from home. The key industries of employment among residents were health care & social assistance, retail trade, and construction.

Agriculture, forestry & fishing had limited presence with 0.7% employment compared to the regional average of 5.3%. Over a 12-month period ending in an unspecified date, Toronto's labour force increased by 2.4%, while employment declined by 0.9%, leading to a rise in unemployment rate of 3.0 percentage points. In comparison, Regional NSW saw an employment decline of 1.2% and a labour force decline of 0.8%, with unemployment rising by 0.4 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment is expected to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Toronto's employment mix, local employment is estimated to increase by 6.7% over five years and 14.0% over ten years.

Income metrics place the area in the bottom 10% of locations nationally according to AreaSearch analysis

The suburb of Toronto had a median taxpayer income of $41,640 and an average income of $59,187 in the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. This is lower than the national average, with Regional NSW having a median income of $52,390 and an average income of $65,215 during the same period. Based on Wage Price Index growth of 10.32% since financial year 2023, current estimates for Toronto would be approximately $45,937 (median) and $65,295 (average) as of March 2026. According to the 2021 Census, incomes in Toronto fall between the 9th and 11th percentiles nationally for households, families, and individuals. The largest income segment comprises 27.4% earning $400 - $799 weekly (1,730 residents), contrasting with the broader area where the $1,500 - $2,999 bracket leads at 29.9%. Housing affordability pressures are severe in Toronto, with only 82.1% of income remaining after housing costs, ranking at the 11th percentile nationally.

Toronto is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

Dwelling structure in Toronto, as evaluated at the 2016 Census, comprised 77.8% houses and 22.2% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Regional NSW had 82.6% houses and 17.4% other dwellings. Home ownership in Toronto was 38.6%, with the remainder of dwellings either mortgaged (25.1%) or rented (36.3%). The median monthly mortgage repayment in Toronto was $1,616, below Regional NSW's average of $1,733. Median weekly rent in Toronto was recorded at $320, compared to Regional NSW's $330. Nationally, Toronto's median monthly mortgage repayments were lower than the Australian average of $1,863, while rents were substantially below the national figure of $375.

Toronto features high concentrations of lone person households, with a lower-than-average median household size

Family households constitute 65.6% of all households, including 18.8% couples with children, 29.1% couples without children, and 16.5% single parent families. Non-family households account for the remaining 34.4%, with lone person households at 32.1% and group households comprising 2.1%. The median household size is 2.2 people, which is smaller than the Regional NSW average of 2.4.

Educational outcomes in Toronto fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

The area's university qualification rate is 17.5%, significantly lower than the NSW average of 32.2%. Bachelor degrees are the most common at 12.3%, followed by postgraduate qualifications (3.5%) and graduate diplomas (1.7%). Vocational credentials are prevalent, with 39.4% of residents aged 15+ holding them, including advanced diplomas (10.0%) and certificates (29.4%). A total of 24.6% of the population is actively engaged in formal education, with 8.4% in primary, 7.0% in secondary, and 3.0% in tertiary education.

A substantial 24.6% of the population actively pursues formal education. This includes 8.4% in primary education, 7.0% in secondary education, and 3.0% pursuing tertiary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

The analysis indicates that Toronto has 41 active public transport stops currently operating, serving a variety of bus routes. These stops are served by 80 individual routes combined, providing a total of 1,889 weekly passenger trips. The accessibility of these stops is rated as good, with residents typically located approximately 217 meters from the nearest stop. In this primarily residential area, most residents commute outward for work or other purposes. The car remains the dominant mode of transport at 91%, while walking accounts for about 5%. On average, there are 1.1 vehicles owned per dwelling in the area, which is below the regional average.

According to the 2021 Census data, some 20.5% of residents work from home, a figure that may be influenced by COVID-19 conditions. The service frequency averages about 269 trips per day across all routes, equating to approximately 46 weekly trips per individual stop.

Health performance in Toronto is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts

Toronto faces significant health challenges, as assessed by AreaSearch. Mortality rates and chronic condition prevalence are high across various conditions that affect both younger and older age groups.

Private health coverage is relatively low at approximately 50% of the total population (~3,181 people), compared to the national average of 55.7%. Mental health issues and arthritis are the most common medical conditions, impacting 12.1 and 12.0% of residents respectively. However, 53.2% of residents claim to be completely clear of medical ailments, lower than the 63.3% across Regional NSW. The working-age population faces notable health challenges due to elevated chronic condition rates. The area has 30.5% of residents aged 65 and over (1,926 people), higher than the 23.4% in Regional NSW. Health outcomes among seniors present some challenges, with national rankings broadly in line with the general population.

Toronto is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Toronto's cultural diversity was found to be below average, with 87.4% of its population born in Australia, 91.0% being citizens, and 94.8% speaking English only at home. Christianity is the main religion in Toronto, comprising 52.7% of people, compared to 55.9% across Regional NSW. The top three ancestry groups are English (32.5%), Australian (30.6%), and Scottish (8.1%).

Notably, Australian Aboriginal representation is higher at 5.8% in Toronto versus 4.6% regionally, Welsh at 0.7% versus 0.5%, and Samoan at 0.3% versus 0.1%.

Toronto ranks among the oldest 10% of areas nationwide

Toronto's median age of 49 exceeds Regional NSW's figure of 43 and is above Australia's national average of 38 years. The 75-84 cohort is notably over-represented in Toronto at 11.5%, compared to the regional average of 6.1%. Conversely, the 5-14 age group is under-represented at 10.1%. Between 2021 and present, the 35-44 cohort has grown from 8.6% to 10.9%, while the 75-84 cohort increased from 10.4% to 11.5%. During this period, the 45-54 cohort declined from 11.4% to 10.2%, and the 55-64 group dropped from 13.1% to 12.0%. By 2041, demographic projections indicate significant shifts in Toronto's age structure. The 25-34 cohort is projected to grow by 183 people (26%), from 720 to 904. Conversely, population declines are projected for the 65-74 and 55-64 cohorts.