Property investors have seen a 0.85% gain in TOOTGAROOK based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains TOOTGAROOK, 3941 saw average growth in the long term.
The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $885,000
Profits averaged -2% per annum over a 3-year period, due to an downward trend in home prices in TOOTGAROOK, 3941.
This means, real estate investors could earn a rental income of $560 based on current median home prices for the suburb.
The gross rental yield in TOOTGAROOK, 3941 is 3.29%.
An average of 8.08 real estate transactions take place per month in TOOTGAROOK which translates to 97 per annum.