AREA REPORTS

Tootgarook

VIC/
Tootgarook

Suburb Profile

Tootgarook - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3941

house

Property investors have seen a -4% drop in TOOTGAROOK based on a decrease 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 $600,000

Profits averaged 16.36% per annum over a 3-year period, due to an upward trend in home prices in TOOTGAROOK, 3941.

This means, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.

The gross rental yield in TOOTGAROOK, 3941 is 3.29%.

An average of 7.92 real estate transactions take place per month in TOOTGAROOK which translates to 95 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $600,000 N/A
GROWTH REPORT
Median Quarterly -4% N/A
Median 12 month 1.61% N/A
Median 3 years 49.07% N/A
Median 5 years 57.48% N/A
10 years average annual 7.2% N/A
Weekly media advert. rent $380 N/A
Time on Market 44.8 days N/A
Gross Rental Yield Percent 3.29% N/A
demographics (median values)
Total Population
2318
Weekly Household Income
611.2
Household Size
2.20
demographics
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