Tokarara Location Profile

Overview

Buy$427K - $3M

Rent$0 - $0

For Sale5 Homes

For Rent6 Homes

Tokarara has experienced significant development, especially since the completion of the Koura Freeway in 2018, which has connected the suburb to Downtown Port Moresby in just a 5-minute drive. Predominantly a residential area, Tokarara has seen new investments, including the opening of the new Tango Supermarket.

The suburb features a mix of colonial-era homes and newer timber or brick residences, reflecting recent road extensions and development in the area.

Despite a substantial increase in property values over the past decade, Tokarara remains attractive to first-time homebuyers and investors. The high demand for rental properties in the suburb is driven by its convenient location near Waigani and Downtown Port Moresby.

Things To Do in Tokarara

Tokarara received renewed interest for commercial investments in the area after the opening of the Koura Freeway resulting in property investment in the area. Tango Supermarket built in 2019 now caters for the majority of shopping in the area with a fully stocked supermarket on the ground floor while the clothing shop upstairs supplies the uniforms for schools in Tokarara and nearby suburbs.

An fresh food market is found on the side of the Koura Freeway next to the Tokarara Supermarket and there is potential for more shopping centres to open in the area as investors look towards purchasing property in the area.

Aside from the main Tokarara Bakery and Tango Supermarket along the Koura Freeway, you will find many small convenience stores in the area that offer street style food with barbeque type foods or bakeries along Rakatani and Dikagari Roads which provides convenience to residents not looking to travel to the supermarket or nearby Waigani for a quick meal. With many residents fitting the lower middle class category in the area, there aren't any restaurants in the area however being closely located to Waigani, you will find many restaurants, cafes and food outlets only 5-10 minutes from Tokarara.