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680 ORRONG ROAD, TOORAK, VIC, 3142

This property is Off Market


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  • Average property sold price $5,768,914

    Not happy with the price? Set your own

  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 4.25 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Land Contamination risk is

About Toorak

With an average age of 50, households expect an average monthly mortgage payment of $2,334 or a weekly rent payment of $495. The average family earns a weekly income of $3,356 with a typical household size of 2.1 and a 96.77% 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

General Points of Interest


Population

(Country of Birth not stated 9%)

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 Catchments
  • Melbourne High School

    South Yarra, VIC, 3141 State 9-12

  • Toorak Primary School

    Toorak, VIC, 3142 State Prep-6

  • Our Lady of Lourdes School

    Prahran, VIC, 3181 Independent Prep-6

  • Loreto Mandeville Hall

    Toorak, VIC, 3142 Independent Prep-12

  • The King David School

    Armadale, VIC, 3143 Independent Prep-12

  • Armadale Primary School

    Armadale, VIC, 3143 State Prep-6

  • Kamaruka

    South Yarra, VIC, 3141 Independent 3-10

  • St Kevin's College

    Toorak, VIC, 3142 Independent Prep-12

  • Lauriston Girls' School

    Armadale, VIC, 3143 Independent Prep-12

  • St Catherine's School

    Toorak, VIC, 3142 Independent Prep-12


Local Developments

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  • 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

Hey! I’m Kate.

Are you interested Off Market Properties? Residz can match you with Off Market Sellers and keep you up to date on the places most likely to list.

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.


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