487 Markets Join Million-dollar Property Club: CoreLogic
Australia’s property million-dollar club has continued to grow, as new research shows that more than one in five homes...
Property investors have seen a 7.92% gain in TOOTGAROOK based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on TOOTGAROOK, 3941 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 27.57%.
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 stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $893,000
Profits averaged 17.33% 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 $450 based on current median home prices for the suburb.
The gross rental yield in TOOTGAROOK, 3941 is 2.62%.
An average of 10.5 real estate transactions take place per month in TOOTGAROOK which translates to 126 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||27.57%||N/A|
|Median 3 years||52%||N/A|
|Median 5 years||87.8%||N/A|
|10 years average annual||9.59%||N/A|
|Weekly media advert. rent||$450||N/A|
|Time on Market||24.0 days||N/A|
|Gross Rental Yield Percent||2.62%||N/A|