TOOTGAROOK 3941
State: VICPosiProp AI Investment Summary
TOOTGAROOK (VIC 3941) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.2% and has experienced a 12-month capital growth of Up 0.5%, with a median house buy price of $867,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$790,000
$810,000
$985,000
$867,000
Suburb Market Profile
Last month Tootgarook had 19 properties available for rent and 34 properties for sale. Median property prices over the last year range from $867,000 for houses to $497,500 for units. If you are looking for an investment property, consider houses in Tootgarook rent out for $585 PW with an annual rental yield of 4.2% and units rent for $450 PW with a rental yield of 4.5%. Tootgarook has seen an annual compound growth rate of 0.5% for houses and -56.2% for units.
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