At number 1004th in the list of Australian suburbs ordered by increase in median house value over the last year, Toorak, 3142 is in the top 30% with a property value increase of 11.84% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Toorak comes in at number 33th in VIC.
Toorak, 3142 is offering VIC ‘s 380th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
Residents and property investors in Toorak have been waiting around 59.36 days to sell a property.
A $1100 per week rent on the median house gives suburb investors a gross yield of circa 1.35%, without taking into account capital value appreciation, which has been averaging out at 7.70%.
Toorak, 3142 ranked 211th in VIC when comparing growth in median property values or capital gain over the last 12 months. Toorak is one of 2098 in our list for VIC
Toorak,3142 was ranked 1192 in Australia by increase in median property value over the quarter.
Toorak, 3142 is offering VIC ‘s 89th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.
With the median price for a house in Toorak being $921250 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 2.54%