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%