The size of Toolooa is approximately 3 square kilometres. It has 5 parks covering nearly 15.5% of total area. The population of Toolooa in 2011 was 1,163 people. By 2016 the population was 959 showing a population decline of 17.5% in the area during that time. The predominant age group in Toolooa is 10-19 years. Households in Toolooa are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toolooa work in a trades occupation. In 2011, 52.2% of the homes in Toolooa were owner-occupied compared with 55.3% in 2016.
Toolooa has 524 properties. Over the last 5 years, Houses in Toolooa have seen a 141.04% increase in median value. As at 31 October 2024:
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