Toorak has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 0.36% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Toorak comes in at number 273th in VIC.
Property buyers and investors in Toorak 3142 should be seeing an average reduction in asking price of around -1.85% . This means that Toorak is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Toorak have been waiting around 41.78 days to sell a property.
Toorak, 3142’s gross rental yield is 1.63%
Property investors who have had real estate in Toorak, 3142 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -12.10%
Over the longer term, Toorak has seen property prices show investors a 5.89% return over the last 3 years. This is worse than over the last 12 months
At number 214th of VIC’s most discounted properties, Toorak is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Situated 5.26km from the CBD, Toorak is one of Stonnington localities in the postcode 3142.