At number 617th in the list of Australian suburbs ordered by increase in median house value over the last year, Toormina, 2452 is in the top 20% with a property value increase of 8.00% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Toormina,2452 has racked up an average of 8.00% over the period. This ranks it number 888th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Toormina should be aiming for at least -5.33% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Toormina the average time real estate has been on the market is 75.3621 days.
Toormina is 249th on a list of best yielding suburbs for rents in NSW with a 4.64% return
At number 341th in the list of Australian suburbs ordered by increase in median house value over the last year, Toormina, 2452 is in the top 30% with a property value increase of 4.88% recorded in median house prices.
While Toormina,2452 ranked number 285th in NSW for increase in median house value (annualised) increase, it is ranked 160th over the last 5 years.
Property buyers and investors in Toormina 2452 should be seeing an average reduction in asking price of around -4.48% . This means that Toormina is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Toormina have been waiting around 101.636 days to sell a property.
Advertised rents are around the $320 mark per week – giving a return of 5.16% based on the median price in Suburb