Thinking about buying in Tootgarook? Now could not be a better time, with 3322 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,089,000 with prices in this suburb ranging from $317,000 to $3,018,000. Tootgarook is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Tootgarook Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Tootgarook driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Tootgarook due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Tootgarook provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Tootgarook necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Tootgarook we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Tootgarook a better buying opportunity than it may have been in the past.

Houses for sale Tootgarook

	UNIT 1, 1925 POINT NEPEAN RD, TOOTGAROOK, VIC, 3941	3	2	5	$1,400,000 - $1,500,000
	13 RONALD ST, TOOTGAROOK, VIC, 3941	4	3	4	NEW PRICE $1,390,000 - $1,480,000
	121 HIGHBURY RD, TOOTGAROOK, VIC, 3941	5	3	3	Private Sale - $2,995,000
	8 ROBLYN CR, TOOTGAROOK, VIC, 3941	3	1	1	$1,398,000
	10 TRUEMANS RD, TOOTGAROOK, VIC, 3941	4	2	2	1050000
	55 BONA ST, TOOTGAROOK, VIC, 3941	3	2	5	1175000
	3 PANORAMA DR, TOOTGAROOK, VIC, 3941	3	1	4	620000
	27 BELAR RD, TOOTGAROOK, VIC, 3941	3	2	6	1180000
	59 BOORAN PDE, TOOTGAROOK, VIC, 3941	0	0	0	370000
	1 FIELD ST, TOOTGAROOK, VIC, 3941	4	2	1	750000
	51 BELLA VISTA DR, TOOTGAROOK, VIC, 3941	0	0	0	505000

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General Points of Interest

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