The size of Toolooa is approximately 3.0 square kilometres. It has 5 parks covering nearly 15.5% of total area. The population of Toolooa in 2016 was 944 people. By 2021 the population was 992 showing a population growth of 5.1% in the area during that time. The predominant age group in Toolooa is 10-19 years. Households in Toolooa are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Toolooa work in a labourer occupation.In 2021, 56.50% of the homes in Toolooa were owner-occupied compared with 55.30% in 2016.
Toolooa has 526 properties. Over the last 5 years, Houses in Toolooa have seen a 123.74% increase in median value. As at 30 November 2025:
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