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Toorak
VIC, 3142 - Stonnington

Thinking about buying in Toorak? Now could not be a better time, with 9865 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $4,389,000 with prices in this suburb ranging from $68,000 to $60,590,000. Toorak is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $538.21
Median Monthly Mortgage $3571.06
Median Persons Per Bedroom 0.81
Average Household Size 2.15
Average Age 46.36
Average Income $1427.67
Average Cars Per Dwelling 1.60
Average Properties Within 50M 45

Housing Stock

Average Property Prices

1 Bed  $877,000
2 Bed  $1,722,000
3 Bed  $4,176,000
4 Bed  $8,291,000
5 Bed  $12,476,000
6 Bed+$15,268,000

Toorak Real Estate Market Outlook

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.

Properties for sale Toorak

Belle Property 50 BRUCE ST, TOORAK, VIC, 3142 Beds3 Bathrooms3 Parking 4 Contact Agent
Belle Property UNIT 14, 74 MATHOURA RD, TOORAK, VIC, 3142 Beds2 Bathrooms1 Parking 1 $630,000 - $690,000
Belle Property UNIT 17, 14 SPRINGFIELD AV, TOORAK, VIC, 3142 Beds1 Bathrooms1 Parking 1 $430,000 - $460,000
Belle Property UNIT 403, 738 ORRONG RD, TOORAK, VIC, 3142 Beds1 Bathrooms1 Parking 1 $460,000 - $490,000
Belle Property UNIT 5, 256 WILLIAMS RD, TOORAK, VIC, 3142 Beds1 Bathrooms1 Parking 1 $595,000
Belle Property UNIT 5, 579 TOORAK RD, TOORAK, VIC, 3142 Beds2 Bathrooms1 Parking 1 $790,000 - $840,000
Belle Property UNIT 1, 29 MAY RD, TOORAK, VIC, 3142 Beds3 Bathrooms2 Parking 1 $2,875,000
Belle Property UNIT 3, 707 MALVERN RD, TOORAK, VIC, 3142 Beds3 Bathrooms1 Parking 2 $3,160,000
Buxton FLAT 4, 669 TOORAK RD, TOORAK, VIC, 3142 Beds3 Bathrooms2 Parking 2 Contact agent for price
OneAgency UNIT 9, 298 WILLIAMS RD, TOORAK, VIC, 3142 Beds1 Bathrooms1 Parking 1 $365,000 - $395,000
The Agency UNIT 4, 48 ALBANY RD, TOORAK, VIC, 3142 Beds3 Bathrooms2 Parking 2 $2,300,000 - $2,500,000
Woodards UNIT 6, 696 ORRONG RD, TOORAK, VIC, 3142 Beds2 Bathrooms1 Parking 1 $780,000 - $840,000
Woodards UNIT 6, 740 ORRONG RD, TOORAK, VIC, 3142 Beds2 Bathrooms1 $700,000 - $770,000
Woodards 671 ORRONG RD, TOORAK, VIC, 3142 Beds4 Bathrooms2 Parking 2 Contact Agent

Local Schools

Toorak Primary School

Loreto Mandeville Hall

St Kevin's College

St Catherine's School

Lauriston Girls' School

Armadale Primary School

Scotch College

Our Lady of Lourdes School

Richmond Primary School

Malvern Central School

(While the above schools are located with the suburb of Toorak there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Toorak weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.516.427.042.886.82.923.8
Feb1.015.925.844.486.52.720.3
Mar1.114.524.145.488.12.515.6
Apr2.012.120.848.090.92.410.6
May1.610.017.752.389.42.97.8
Jun1.37.715.059.893.72.56.9
Jul1.37.814.456.989.53.37.4
Aug1.67.815.151.289.33.010.0
Sept1.49.317.746.188.93.114.0
Oct1.411.121.142.889.33.218.3
Nov1.812.522.443.488.62.920.8
Dec2.014.624.843.588.62.824.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

BurnleyKooyongArmadalePrahranHawthornSouth YarraMalvernCremorneWindsorRichmond

Public Transport


General Points of Interest

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