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 3.7% and has experienced a 12-month capital growth of Up 4.0%, with a median house buy price of $885,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$780,000
$805,000
$1,012,500
$885,000
Suburb Market Profile
Last month Tootgarook had 11 properties available for rent and 35 properties for sale. Median property prices over the last year range from $885,000 for houses to $460,000 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 3.7% and units rent for $450 PW with a rental yield of 4.2%. Tootgarook has seen an annual compound growth rate of 4.0% for houses and -59.5% for units.