At number 2006th in the list of Australian suburbs ordered by increase in median house value over the last year, Toronto, 2283 is in the top half with a property value increase of 4.34% recorded in median house prices.
If we look at median property appreciation over just the last three months, Toronto has given property investors a paper return of -1.28%. This puts Suburb as 1111 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Toronto are currently offering property investors an average price cut of -4.21% below the asking price at the moment.
Toronto, 2283’s gross rental yield is 4.93%
At number 182th in the list of Australian suburbs ordered by increase in median house value over the last year, Toronto, 2283 is in the top 20% with a property value increase of 15.66% recorded in median house prices.
Across a shorter period, Toronto, 2283 has seen a median price increase of 2.13% over the last quarter.
The most recent median price for Toronto is $480000, with sellers offering an average of -6.10% off the asking price.
Often selling an investment property can take time, and in Toronto the average time real estate has been on the market is 86.3 days.
Situated 55.43km from the CBD, Toronto is one of Lake Macquarie localities in the postcode 2283.