Suburb Profile Report for Tootgarook VIC (3941)

Tootgarook House: Median price $460,000, Annual capital growth 6.35%, Number of sales 132, Weekly median advertised rent $340

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Giving property investors a a solid capital gain of 16.46% for the last year, Tootgarook, 3941 is the 378th highest performer in Australia in this respect.

The five-year average increase in median property values for Tootgarook,3941 has given property investors a potential capital gain of 23.66% across each of those five years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Tootgarook itself are offering an average vendor discount of -6.48% to real estate investors.

On average over the past year, suburb has had 11.00 sales per month, which equates to 132 per year.

Using the current median advertised rental of $340 and the average annual increase in value of a median property of 6.35%, investors should hope to achieve an overall return of 3.84%

HOUSE UNIT
$460,000 N/A
0.00% N/A
16.46% N/A
6.35% N/A
$340 N/A
132 N/A
3.84% N/A
70.75 N/A

Source: CoreLogic

DSR Score for property investment : Excellent (H), Good (U)
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Demographics
Total population 2695
Median household income ($/weekly) 776
Median age of persons 43
Median housing loan repayment ($/monthly) 1597
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 314 11.7
    35-44 years 372 13.8
    45-54 years 318 11.8
    55-64 years 328 12.2
    65-74 years 380 14.1
    Others 983 36.5
    Age Group
    Census Count Percent(%)
    Registered Married 865 46.4
    Not Married 791 42.4
    Defacto Relationship 208 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2025 82.4
    Hong Kong 34 1.4
    Japan 73 3.0
    Papua New Guinea 34 1.4
    United Kingdom 141 5.7
    Others 150 6.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 34 1.5
    Christianity 1404 61.1
    Hinduism 6 0.3
    Other Religious Groups 13 0.6
    No Religion 831 36.2
    Others 10 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 113 12.3
    $400-$599 155 16.8
    $600-$799 135 14.7
    $800-$999 94 10.2
    $1,000-$1,249 103 11.2
    Others 320 34.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 921 46.6
    Employed, worked full-time 531 26.8
    Employed, worked part-time 395 20.0
    Employed, away from work 66 3.3
    Unemployed, looking for work 65 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 121 12.2
    Technicians & trades workers 231 23.4
    Community & personal service workers 117 11.8
    Sales 120 12.1
    Labourers 115 11.6
    Others 285 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 52 10.7
    Infants/Primary 213 43.7
    Secondary 114 23.4
    Technical or Further Educational Institution 61 12.5
    University or other Tertiary Institutions 33 6.8
    Others 14 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2228 92.9
    Semi-detached, row or terrace house, townhouse 107 4.5
    Flat, unit or apartment 64 2.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 398 40.1
    Being purchased 306 30.8
    Rented 284 28.6
    Other tenure type 4 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals