Mornington Peninsula · 3941

Tootgarook, VIC

population +7.8% (5y), 7.1%/yr capital growth.

NextSuburb scoreTier D
38Below trend
Median house
$825k
5y growth
7.1%/yr
Gross yield
2.3%
Vacancy
2.2%
Thin market · ~3k residentsMedium confidence
Last updated May 2026Next refresh 3 June 2026Informational only — not financial advice

Eight-signal breakdown

Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.

  • Capital growth (5y)7.1%/yr
    71/100
  • Population growth+7.8% (5y)
    78/100
  • Supply tightening+4.0% YoY
    30/100
  • Rental yield2.3%
    45/100
  • Rental demand2.2% vacancy
    45/100
  • Income growth+14.0% (5y)
    56/100
  • Construction pipelineno nearby pipeline
    0/100
  • Affordability45% under cap
    45/100

Why this score

Tootgarook scores 38/100 (Below trend). The two strongest signals: 7.8% population growth over five years and 7.1%/yr capital growth over five years. The standout watch-out: population of 3,178 makes the market illiquid.

Drivers
  • Population growth+7.8% (5y)
  • Capital growth7.1%/yr
Risks
  • Only 3,178 residents — illiquid, slow to sell
  • Thin gross yield (2.3%)

Nearest infrastructure

Suburban Rail Loop East — Cheltenham48.7 km away

Construction · $5.0bn · completion 2035

Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.

Comparable suburbs

Three VIC suburbs in the same budget band with the closest NextSuburb scores.

See the full VIC ranking

60-month score history

Backfilled — live history begins May 2026
334352Jun 21Jun 22Jun 23Jun 24Jun 25May 26

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