Real Estate Toorak Vic 3142

Real Estate Market: Is Toorak VIC 3142 a Good Suburb to Buy Into?

Housing Market in Toorak

Key Toorak Metrics & Forecast to 2028

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Melbourne	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$1,420	Top 1%	158% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Toorak

Toorak Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Toorak

28.3%

Melbourne

28.8%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Development applications	266	Top 13%	64% to Jun 2025
Developments	1.3	Bottom 36%	Data for Jul 2023
Housing Stock Quality Indicator	94.4	Top 1%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	27 lots	Top 20%	575% to May 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	42	Top 2%	600% to Feb 2025

Housing Stock Quality in Toorak

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
Houses	30.4%	Bottom 2%	12% to Jan 2021
Average bedrooms - all homes	2.1	Bottom 20%	4% to Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Toorak

Toorak Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Toorak

29.4%

Melbourne

36.9%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Total area	4.3 sq km	Bottom 38%	Data for Jan 2021
Heritage overlay total area	1.1 sq km	Top 11%	Data for Jun 2023
Residential density	300 sqm per resident	Bottom 9%	Data for Jan 2021

Risk in Toorak

Toorak Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Toorak

52.0

Melbourne

49.7

Compare
Suburbs

Field	Value	VS Melbourne	Trend
% Owner Occupied	73.6%	Bottom 9%	1% to May 2023
% Rentals	26.4%	Top 9%	3% to May 2023
Housing Affordability Index	69	Top 3%	Data for Jun 2023
Median monthly mortgage	$2,780	Top 15%	3% to May 2023
Rent Affordability Index (Houses)	88	Top 4%	Data for Jun 2023
Rent Affordability Index (Units)	93	Top 1%	Data for Jun 2023
Mortgage as a percent of income	28.6%	Top 19%	14% to Jan 2021
Mortgaged Dwellings	25.4%	Bottom 15%	11% to May 2023

Housing Demand in Toorak

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Toorak

80.8%

Melbourne

82.9%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	14600	Top 39%	11% to Dec 2036
Historical Population (SA3)	66800	Top 48%	29% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	144000	Top 12%	61% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Toorak

Toorak Unit Investor Report

Sample Graphic

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Melbourne	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$619	Top 17%	129% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	24.4%	Bottom 0%	35% to Mar 2025

Realtors (9)

Headline	Place	Datetime
Blair Peter Property Management	159 Canterbury Rd
JDR Property Developers Pty Ltd	PO Box 393
Kastelan & Associates	1111 Malvern Rd
MBCM Prahran	Toorak Plaza 537 Malvern Rd
Matthews & Lincoln Real Estate	521 Toorak Rd

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
5 May Rd	Price Withheld	3.0	2.0	2.0	04 Mar 2025	On Market
32 Lansell Rd	Price Withheld	3.0	2.0	2.0	01 Mar 2025	On Market
14 Gordon St	Price Withheld	4.0	2.0	2.0	26 Feb 2025	On Market
Unit 6, 226a Kooyong Rd	Price Withheld	4.0	4.0	2.0	15 Feb 2025	On Market
Unit 8, 7-9 Grange Rd	Price Withheld	2.0	2.0	2.0	12 Feb 2025	On Market

Businesses (74)

Name	Address
Cambridge Construction Group	39 Stonnington Pl, Toorak VIC 3142, Australia
Glenneagles Homes	19/537 Malvern Rd, Toorak VIC 3142, Australia
Conrock Australia Pty Ltd	Level 2/521 Toorak Rd, Toorak VIC 3142, Australia
Small Projects	Level 1/478 Toorak Rd, Toorak VIC 3142, Australia
Harvard	1/455 Toorak Rd, Toorak VIC 3142, Australia

Accommodation Options (1)

Name	Address
Toorak Manor	220 Williams Rd, Melbourne VIC 3142, Australia

LGA Details (1)

Headline	Place	Datetime
Local government area	Stonnington

Median House Rental Prices by Street (32)

Level_0	Street	Date	Median rent (per week)
118593	Fairbairn Rd	13 Mar 2025	$850
118789	Heyington Pl	13 Mar 2025	$1,362
118718	Grange Rd	13 Mar 2025	$950
118707	Gordon St	13 Mar 2025	$1,200
118089	Albany Rd	13 Mar 2025	$937

Percent of Renters by Street (100)

Percent of Renters	Street
9.6%	Boandyne Ct
19.1%	Balfour St
32.7%	Balmerino Ave
0.0%	Barnard Rd
72.9%	Baxter St

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
10 May 2024	$730,000	Mathoura Rd
10 May 2024	$586,100	May Rd
10 May 2024	$675,000	Malvern Rd
10 May 2024	$1,400,000	Woorigoleen Rd
10 May 2024	$490,000	Williams Rd

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
110.4%	Lambert Rd	very high turnover	Every 9.1 years (very high turnover)	2025
88.9%	Winifred Cr	high turnover	Every 11.2 years (high turnover)	2025
79.8%	Grange Rd	average turnover	Every 12.5 years (average turnover)	2025
100.0%	Tevendale Ln	high turnover	Every 10.0 years (high turnover)	2025
96.2%	Mathoura Rd	high turnover	Every 10.4 years (high turnover)	2025

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Burnie St	10 Apr 2024	$2,238,000
Williams Rd	10 May 2024	$1,800,000
Winifred Cr	10 May 2024	$4,000,000
Woodside Cr	10 May 2024	$4,200,000
Stonnington Pl	10 May 2024	$13,500,000

Planning Applications: Other (61)

Headline	Place	Date
Use of the land for the sale and consumption of liquor (restaurant / cafe liquor licence) under the licensed premises provision in association with a restaurant in a Commercial 1 Zone - City of Stonnington 0802/24	470 Toorak Road, Toorak VIC 3142	25 Dec 2024
Use of the land for the sale and consumption of liquor (restaurant / cafe liquor licence) under the licensed premises provision in association with a restaurant in a Commercial 1 Zone - City of Stonnington 0802/24	470 Toorak Road, Toorak VIC 3142	25 Dec 2024
Use of the land for the sale and consumption of liquor (restaurant / cafe liquor licence) under the licensed premises provision in association with a restaurant in a Commercial 1 Zone - City of Stonnington 0802/24	470 Toorak Road, Toorak VIC 3142	25 Dec 2024
Secondary Consent Amendment to approved plans - Refer to the town planning letter submitted with this application. - City of Stonnington 0497/23 - SC1	33 Lansell Road, Toorak VIC 3142	24 Dec 2024
Secondary Consent Amendment to approved plans - please refer to attached cover letter - City of Stonnington 0274/20 - SC4	79 Clendon Road, Toorak VIC 3142	18 Dec 2024

Planning Applications: Dwellings (38)

Headline	Place	Date
- Construct a building or construct or carry out works in a Design and Development Overlay - Construct a building or construct or carry out works in a Significant Landscape Overlay - Remove, destroy or lop vegetation in a Significant Landscape Overlay - City of Stonnington 0805/24	10 Winifred Crescent, Toorak VIC 3142	25 Dec 2024
Construct a building or construct or carry out works in a Heritage Overlay, Partially demolish or remove a building in a Heritage Overlay - City of Stonnington 0786/24	17 Lambert Road, Toorak VIC 3142	22 Dec 2024
- Demolish or remove a building in a Heritage Overlay - Construct a building or construct or carry out works in a Heritage Overlay - City of Stonnington 0770/24	39 Lansell Road, Toorak VIC 3142	16 Dec 2024
S72 Amendment to approved Planning Permit and/or Plans - Part demolition and buildings and works Amendment to the preamble Amendment to Condition 5 - City of Stonnington 0930/12 - 6	627 Malvern Road, Toorak VIC 3142	13 Dec 2024
Construct a building or construct or carry out works in a Heritage Overlay, Partially demolish or remove a building in a Heritage Overlay - City of Stonnington 0748/24	24 Montalto Avenue, Toorak VIC 3142	13 Dec 2024

Planning Applications: Industrial (1)

Headline	Place	Date
Use of an Auction house (display and sale of fine art, jewellery and sculpture) with associated administration, manufacturing activities (artist studio, art and jewellery restoration and framing) and storage of artwork under the Heritage Overlay and dispensation in car parking under clause 52.05-5, Refer to the town planning report for further details. - City of Stonnington 0268/24	33 Lansell Road, Toorak VIC 3142	21 May 2024

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
1025 Malvern Rd	$2,350	5	2	3	03 Mar 2025
1025 Malvern Rd	$2,350	5	2	3	03 Mar 2025
Unit 1, 41 Grange Rd	$950	3	1	2	03 Mar 2025
Unit 1, 41 Grange Rd	$950	3	1	2	03 Mar 2025
1025 Malvern Rd	$2,350	5	2	3	03 Mar 2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 2, 13 Denham Pl	$600	2.0	1.0	1.0	11 Mar 2025
Unit 2, 7-9 Ormsby Gr	$540	2.0	1.0	1.0	11 Mar 2025
Unit 10, 791 Malvern Rd	$565	2.0	1.0	1.0	11 Mar 2025
Unit 2, 5 Stonehaven Ct	$530	1.0	1.0	1.0	05 Mar 2025
Unit 55, 145 Canterbury Rd	$450	1.0	1.0	1.0	04 Mar 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 6, 209a Kooyong Rd	Price Withheld	3.0	3.0	2.0	28 Feb 2025	On Market
Unit 6, 209a Kooyong Rd	Price Withheld	3.0	3.0	2.0	28 Feb 2025	On Market
Unit 6, 209a Kooyong Rd	Price Withheld	3.0	3.0	2.0	28 Feb 2025	On Market
Unit 6, 209a Kooyong Rd	Price Withheld	3.0	3.0	2.0	28 Feb 2025	On Market
Unit 17, 14 Springfield Ave	Price Withheld	1.0	1.0	1.0	27 Feb 2025	On Market