TOORADIN, 3980 ranks 7th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 46.82% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $635,000.
The upward trend in home prices in TOORADIN, 3980 averaged 12.68% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in TOORADIN.
An average of 1.42 real estate transactions take place per month in TOORADIN which translates to 17 per annum.
17 properties were sold in TOORADIN in 2016, making it the 516th most active market in VIC based on total real estate transactions.
TOORADIN, 3980 places 234th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||46.82%||N/A|
|Median 3 years||38.04%||N/A|
|Median 5 years||73.97%||N/A|
|10 years average annual||9%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||24.2 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|