Giving property investors a a solid capital gain of 14.23% for the last year, Toorak, 3142 is the 688th highest performer in Australia in this respect.
Over the longer term, Toorak has seen property prices show investors a 54.73% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Toorak should be aiming for at least -4.78% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Toorak have been waiting around 57.78 days to sell a property.
Using the current median advertised rental of $1200 and the average annual increase in value of a median property of 7.71%, investors should hope to achieve an overall return of 1.47%
Investment property in Toorak has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.02%
Toorak,3142 has offered an average of 4.02% return per annum in house price rises to property investors over the last three years.
Toorak3142 is located in VIC which offers an average discount of -5.07% to property investors. Toorak itself is showing figures that indicate -6.52% is the average achievable by property buyers investing in the suburb.