If you compare the increase in value of investment property in Toorak Gardens, 5065 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 6.08%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Toorak Gardens has increased when compared to the 5 year average annual rate.
Often selling an investment property can take time, and in Toorak Gardens the average time real estate has been on the market is 82.2 days.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 2.32%, without taking into account capital value appreciation, which has been averaging out at 5.07%.
With a capital gain of -10.63% for the last 12 months, Toorak Gardens, 5065 has performed for property investments than its average annual 1.11% property growth over the last 5 years.
Toorak Gardens,5065 was ranked 1329 in Australia by increase in median property value over the quarter.
The most recent median price for Toorak Gardens is $357500, with sellers offering an average of -5.64% off the asking price.
Toorak Gardens, 5065’s gross rental yield is 4.36%