Toorak is an average performer in VIC when comparing median price capital growth over the last year. Toorak gave property investors a good capital gain figure when compared to the rest of the state, with 12.21%.
Over the longer term, Toorak has seen property prices show investors a 50.98% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Toorak are currently offering property investors an average price cut of -4.34% below the asking price at the moment.
If you compare the increase in value of investment property in Toorak, 3142 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -3.46%.
Comparing Toorak,3142 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -5.38% to buyers in Toorak at the moment, which is less than average for the rest of VIC.
Property investors should expect to get $450 weekly from the median priced house in this suburb.