If you compare the increase in value of investment property in Toorak, 3142 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -31.91%.
A 9.31% growth in median value for property investors in Toorak,3142 puts this suburb at number 720th in terms of best performing suburbs in VIC
Renters in Suburb are facing rents around $62400 per annum or $1200 every week.
Property value increases in Toorak have tracked just lower than the VIC average of 2.97% over the last 12 months.
Across a shorter period, Toorak, 3142 has seen a median price increase of 3.97% over the last quarter.
Property buyers and investors in Toorak 3142 should be seeing an average reduction in asking price of around -5.93% . This means that Toorak is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Toorak have been waiting around 66.09 days to sell a property.