Toorak is in the TOP 30% 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 18.52%.
The five-year average increase in median property values for Toorak,3142 has given property investors a potential capital gain of 80.24% across each of those five years.
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, 3142. Typically our figures indicate that -7.78% is being offered, which puts this VIC suburb at 740th most discounted overall in Australia.
At number 1120th in the list of Australian suburbs ordered by increase in median house value over the last year, Toorak, 3142 is in the BOTTOM 40% with a property value increase of 0.56% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Toorak has increased when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.68% offered to property buyers. Sellers in Toorak itself are offering an average vendor discount of -6.14% to real estate investors.