Unit 6, 740 ORRONG ROAD Toorak VIC 3142
This property is Off Market
- The Average property price in this area is $4,387,257, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 4.66 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Toorak
With an average age of 48, households expect an average monthly mortgage payment of $2,654 or a weekly rent payment of $541. The average family earns a weekly income of $3,042 with a typical household size of 2 and a 90.4% employment rate.
Consistent high demand relative to supply is a key feature in Toorak driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Toorak ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Toorak classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Lower than average population density constrains growth in Toorak to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
Stop 133: Grange Road
Stop 133: Canterbury Road
Stop 134: Orrong Road
Stop 134: Orrong Road
Stop 135: Woorigoleen Road
Stop 135: Woorigoleen Road
Stop 136: Irving Road
Stop 136: Irving Road
Stop 137: Kooyong Road
Stop 137: Kooyong Road
General Points of Interest
Green Acres Golf Club
Trinity College
Como Centre
Admiral Creswell Memorial
Melbourne Cricket Ground
McKinnon Obelisk
Olympia Gymnasium
Centenary Bridge Pillar
Boroondara Tennis Centre
Malvern Valley Public Golf Course
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 1109 asthma sufferers and 591 people living with diabetes. In addition, 733 people have a heart/vascular condition and 995 people live with three or more chronic diseases.A good place to invest in property?
Toorak a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
96 / 100
52 / 100
Industry
35 / 100
17 / 100
Population
23 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
47 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsToorak Primary School Melbourne Girls College Auburn High School
-
St Catherine's School
Toorak, VIC, 3142 Independent Prep-12
Property Story
Unit 6, 740 Orrong Road, Toorak, Vic, 3142 is a residential property . The estimated distance to the sea is 4.66km and 0.7KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
Join usAlready have an account? Sign in
-
134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
Report this property
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure
