Property investors who have had real estate in Toorak, 3142 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.19%
If we look at median property appreciation over just the last three months, Toorak has given property investors a paper return of -1.09%. This puts Suburb as 590 on a list of fastest fasting appreciating suburbs in VIC
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.04% offered to property buyers. Sellers in Toorak itself are offering an average vendor discount of -12.40% to real estate investors.
Residents and property investors in Toorak have been waiting around 96.69 days to sell a property.
Property investors should expect to get $1395 weekly from the median priced house in this suburb.
Toorak has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -11.65% to date .
If we look at median property appreciation over just the last three months, Toorak has given property investors a paper return of 5.81%. This puts Suburb as 45 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Toorak 3142 should be seeing an average reduction in asking price of around -3.87% . This means that Toorak is holding prices well when compared to other suburbs in VIC.
In the last year 177 properties changed hands in Toorak, which puts it as the 43th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Toorak, 3142 is in the Stonnington local government area.