If you compare the increase in value of investment property in Tootgarook, 3941 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 18.83%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tootgarook has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -6.75% to buyers in Tootgarook at the moment, which is less than average for the rest of VIC.
Situated 63.46km from the CBD, Tootgarook is one of Mornington Peninsula localities in the postcode 3941.