Tooradin

POSTAL CODE: VIC, 3980

HOUSE

TOORADIN, 3980 ranks 184th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 30.13% 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 $1,015,000.

The upward trend in home prices in TOORADIN, 3980 averaged 3.85% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in TOORADIN.

An average of 1.33 real estate transactions take place per month in TOORADIN which translates to 16 per annum.

16 properties were sold in TOORADIN in 2016, making it the 560th most active market in VIC based on total real estate transactions.

TOORADIN, 3980 places 2nd in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,015,000	N/A
Growth Report
Median Quarterly	26.88%	N/A
Median 12 month	30.13%	N/A
Median 3 years	11.54%	N/A
Median 5 years	28.48%	N/A
10 years average annual	8.6%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	44.5 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 3350

Weekly Household Income 1501

Household Size 2.70

Average Age 39

Monthly Loan Repayment 1723

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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