Toorak Gardens has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -1.59% to date .
Over the longer term, Toorak Gardens has seen property prices show investors a 10.32% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Toorak Gardens, 5065. Typically our figures indicate that -7.88% is being offered, which puts this SA suburb at 801th most discounted overall in Australia.
In the last year 37 properties changed hands in Toorak Gardens, which puts it as the 257th most active market in SA when comparing the number of sales per suburb.
Situated 3.58km from the CBD, Toorak Gardens is one of Burnside localities in the postcode 5065.
Property investors who have had real estate in Toorak Gardens, 5065 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.84%
Toorak Gardens,5065 was ranked 383 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Toorak Gardens should be aiming for at least -2.54% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.
The SA suburb of Toorak Gardens, 5065 is in the Burnside local government area.