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Tooradin
AREA REPORTS

Tooradin

Tooradin - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3980

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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 $840,000.

The upward trend in home prices in TOORADIN, 3980 averaged 13.92% 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 2.25 real estate transactions take place per month in TOORADIN which translates to 27 per annum.

27 properties were sold in TOORADIN in 2016, making it the 399th most active market in VIC based on total real estate transactions.

TOORADIN, 3980 places 184th in Australia based on median property value growth during the quarter.

Data report can be found below

Tooradin
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $840,000 N/A
GROWTH REPORT
Median Quarterly 6.33% N/A
Median 12 month 8.04% N/A
Median 3 years 41.77% N/A
Median 5 years 61.54% N/A
10 years average annual 9.04% N/A
Weekly media advert. rent N/A N/A
Time on Market 46.6 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
3350
Weekly Household Income
1501
Household Size
2.70
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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