Toronto, located on the shores of Lake Macquarie in New South Wales, Australia, offers a picturesque lifestyle with a blend of natural beauty, community spirit, and urban convenience. Known for its scenic waterfront and relaxed ambiance, Toronto is a preferred choice for families, retirees, and professionals alike. This article explores the best residential areas in Toronto, highlighting their unique characteristics, housing options, and average prices.
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Toronto Village
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Toronto Village is at the heart of the suburb, boasting a charming community feel with a range of local shops, cafes, and eateries. Residents appreciate the close-knit ambiance and accessibility to essential services.
Characteristics of the Toronto Village
* Culture: Vibrant local culture with art festivals and community events
* Transportation: Well-connected by bus services, accessible to train stations
* Services: Supermarkets, schools, medical facilities, and recreational parks
* Environment: Friendly, family-oriented, and relaxed
Housing Options in the Toronto Village
Houses, Townhouses, Units
Average Home Prices in the Toronto Village
* Buying: $600,000 – $800,000
* Renting: $450 – $600/month
Bungalows on the Lake
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This area offers stunning waterfront views of Lake Macquarie and a range of bungalows with outdoor spaces for families and retirees seeking tranquillity. Proximity to the lake allows for various water activities.
Characteristics of the Bungalows on the Lake
* Culture: A serene lifestyle, ideal for water enthusiasts and nature lovers
* Transportation: Limited public transport, cars recommended for convenience
* Services: Cafes, small shops, and boathouses nearby
* Environment: Peaceful, scenic, and nature-centric
Housing Options in the Bungalows on the Lake
Bungalows, Waterfront properties, Houses
Average Home Prices in the Bungalows on the Lake
* Buying: $700,000 – $1,000,000
* Renting: $500 – $750/month
New Lambton Heights
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Located slightly inland but provides easy access to Toronto, this suburb is known for its leafy streets and family-friendly environment. It's popular among first-home buyers and families.
Characteristics of the New Lambton Heights
* Culture: Family-oriented community with parks and schools
* Transportation: Convenient access to public transport and major roads
* Services: Schools, parks, small businesses, and cafés
* Environment: Suburban, green, and inviting
Housing Options in the New Lambton Heights
Houses, Duplexes
Average Home Prices in the New Lambton Heights
* Buying: $500,000 – $700,000
* Renting: $400 – $600/month
Kilaben Bay
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Kilaben Bay offers a luxurious lifestyle with beautiful views of the lake. This quiet area features spacious houses with large yards and is perfect for those seeking a peaceful retreat.
Characteristics of the Kilaben Bay
* Culture: Laid-back lifestyle focused on waterfront living
* Transportation: Public transport options available, car access recommended
* Services: Limited shopping facilities, close to Toronto amenities
* Environment: Tranquil, upscale, and family-friendly
Housing Options in the Kilaben Bay
Large family homes, Acreage properties
Average Home Prices in the Kilaben Bay
* Buying: $800,000 – $1,200,000
* Renting: $600 – $850/month
Wangi Wangi
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This suburb is known for its relaxing atmosphere and access to various outdoor activities like fishing, boating, and walking trails. A great choice for those who appreciate nature and community.
Characteristics of the Wangi Wangi
* Culture: Outdoor lifestyle with a focus on community gatherings
* Transportation: Buses available, but a car is advisable
* Services: Local shops, waterfront facilities, and community centre
* Environment: Community-focused, relaxed, and active
Housing Options in the Wangi Wangi
Houses, Units, Duplexes
Average Home Prices in the Wangi Wangi
* Buying: $550,000 – $750,000
* Renting: $450 – $620/month
Coal Point
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Coal Point provides a unique coastal living experience with significant access to the waterfront. This suburb is ideal for families and individuals who enjoy a pleasant, quiet lifestyle.
Characteristics of the Coal Point
* Culture: Waterfront culture with boating activities and community events
* Transportation: Buses available; car recommended for added convenience
* Services: Small local shops and parks nearby
* Environment: Easygoing, picturesque, and community-oriented
Housing Options in the Coal Point
Houses, Beachfront properties
Average Home Prices in the Coal Point
* Buying: $650,000 – $900,000
* Renting: $500 – $700/month
Frequently Asked Questions About the Best Residential Areas in Toronto:
The best residential areas in Toronto include Toronto Village, Bungalows on the Lake, New Lambton Heights, Kilaben Bay, Wangi Wangi, and Coal Point.
New Lambton Heights and Toronto Village are particularly family-friendly, with several schools, parks, and community amenities available.
Bungalows on the Lake and Coal Point offer stunning waterfront properties with direct access to Lake Macquarie.
The average house price in Toronto ranges from $500,000 to $1.2 million depending on the area and property type.
Yes, Toronto has bus services that connect to surrounding areas and major roads for easy commuting.
Wangi Wangi offers a laid-back lifestyle with a focus on outdoor activities and community engagement throughout the year.
In Toronto, you can find a range of options including houses, townhouses, duplexes, and waterfront bungalows.
Current market conditions indicate steady growth, making it an opportune time for both first-home buyers and investors.
Toronto features several parks, playgrounds, community centres, and access to Lake Macquarie for water activities.
Yes, Toronto has several primary and secondary schools, making it a desirable location for families with children.
Conclusion on the Best Residential Areas in Toronto:
Toronto, New South Wales, presents an array of appealing residential areas, each catering to different lifestyles and preferences. Whether you seek the vibrant community life of Toronto Village or the serene waterfront properties in Bungalows on the Lake, there is an ideal neighbourhood for everyone. With strong local amenities, beautiful scenery and a friendly atmosphere, Toronto is an excellent place to call home. When considering moving to this charming suburb, it's essential to explore each area to find the perfect fit for your lifestyle and family needs.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.