NSW has seen average median house prices change by 7.15% which means that Toronto, 2283 has done well for property investors by showing a capital gain of 6.85% over the last year
Toronto,2283 has offered an average of 6.85% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Toronto should be aiming for at least -4.14% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 9.50 sales per month, which equates to 114 per year.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 3.49%, investors should hope to achieve an overall return of 4.80%
Toronto, 2283 ranked 66th in NSW when comparing growth in median property values or capital gain over the last 12 months. Toronto is one of 3162 in our list for NSW
Across a shorter period, Toronto, 2283 has seen a median price increase of 15.48% over the last quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.48% offered to property buyers. Sellers in Toronto itself are offering an average vendor discount of -3.67% to real estate investors.
Toronto, 2283’s gross rental yield is 4.15%