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	$1,290	Top 2%	66% to Dec 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

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	35	Top 1%	337% to Dec 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

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

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

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
Capital Growth Forecast: Units	Premium	Premium	Premium
Capital Growth Forecast: Units (2-Year Outlook)	Premium	Premium	Premium
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$684	Top 9%	123% to Dec 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	25.6%	Bottom 0%	32% to Dec 2025

Median Unit Sale Prices by Street (31)

Date	Median sale value	Street
06 Dec 2025	$3,650,000	Albany Rd
06 Dec 2025	$2,291,000	Bruce St
06 Dec 2025	$674,500	Canterbury Rd
06 Dec 2025	$2,952,000	Devorgilla Ave
06 Dec 2025	$957,400	Glyndebourne Ave

Median House Rental Prices by Street (21)

Street	Date	Median rent (per week)
Kooyong Rd	06 Dec 2025	$2,177
Malvern Rd	06 Dec 2025	$1,414
May Rd	06 Dec 2025	$1,885
Lansell Rd	06 Dec 2025	$1,428
Ellerslie Pl	06 Dec 2025	$1,473

Median House Sale Prices by Street (32)

Street	Date	Median sale value
Balmerino Ave	06 Dec 2025	$4,814,000
Bruce St	06 Dec 2025	$6,760,000
Canberra Rd	06 Dec 2025	$5,654,000
Canterbury Rd	06 Dec 2025	$1,341,000
Cloverdale Ave	06 Dec 2025	$4,299,000

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
84.1%	Devorgilla Ave	high turnover	Every 11.9 years (high turnover)	2025
75.6%	Lansell Rd	average turnover	Every 13.2 years (average turnover)	2025
103.8%	Malvern Rd	very high turnover	Every 9.6 years (very high turnover)	2025
80.5%	Toorak Rd	average turnover	Every 12.4 years (average turnover)	2025
50.0%	Warra St	very tightly held	Every 20.0 years (very tightly held)	2025

Realtors (9)

Headline	Place	Datetime
Blair Peter Property Management	159 Canterbury Rd
Kastelan & Associates	1111 Malvern Rd
Matthews & Lincoln Real Estate	521 Toorak Rd
Park Lane Real Estate PTY LTD	537 Malvern Rd
Scott McCormick Real Estate	Level 1/459 Toorak Rd

LGA Details (1)

Headline	Place	Datetime
Local government area	Stonnington

Percent of Renters by Street (100)

Percent of Renters	Street
79.7%	Ashe Gr
29.8%	Albany Rd
85.6%	Alexandra Ave
29.3%	Balfour St
0.0%	Barnard Rd

Planning Applications: Dwellings (37)

Headline	Place	Date
Five lot residential subdivision based on endorsed plans. - Streamlined Planning through Electronic Applications and Referrals S254479C	79 Clendon Road, Toorak VIC 3142	20 Aug 2025
- 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

Planning Applications: Other (62)

Headline	Place	Date
Consolidate Lot 1 on TP887992Q with Lot 2 LP63396. Also to removed Easement shown as (E-1) on TP887992Q and remove easement shown as (E-2) over Lot 2 on LP63396 - Streamlined Planning through Electronic Applications and Referrals S249773J	531 Malvern Road, Toorak VIC 3142	28 May 2025
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

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

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

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
28 Selborne Rd	Price Withheld	3.0	2.0	2.0	29 Nov 2025	On Market
29 Stonnington Pl	Price Withheld	5.0	3.0	2.0	28 Nov 2025	On Market
49 Fairbairn Rd	Price Withheld	3.0	2.0	2.0	23 Nov 2025	On Market
235 Kooyong Rd	Price Withheld	5.0	5.0	4.0	18 Nov 2025	On Market
28 Bruce St	Price Withheld	3.0	2.0	2.0	15 Nov 2025	On Market

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
33 Douglas St	$1,500	4	4	3	02 Dec 2025
688 Orrong Rd	$2,995	5	2	5	26 Nov 2025
688 Orrong Rd	$2,995	5	2	5	26 Nov 2025
Unit 15, 723 Orrong Rd	$590	2	1	1	12 Nov 2025
Unit 15, 723 Orrong Rd	$590	2	1	1	12 Nov 2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 204, 1 Wallace Ave	$1,350	2.0	2.0	2.0	05 Dec 2025
Unit 5b, 516 Toorak Rd	$1,295	3.0	2.0	2.0	04 Dec 2025
Unit 42, 46 Lansell Rd	$850	2.0	1.0	1.0	04 Dec 2025
Unit 42, 46 Lansell Rd	$850	2.0	1.0	1.0	04 Dec 2025
Unit 5b, 516 Toorak Rd	$1,295	3.0	2.0	2.0	04 Dec 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 16, 4 Glyndebourne Ave	Price Withheld	3.0	2.0	1.0	04 Dec 2025	On Market
Unit 16, 4 Glyndebourne Ave	Price Withheld	3.0	2.0	1.0	04 Dec 2025	On Market
Unit 4, 2-4 Lansell Ct	$2,280,000	2.0	2.0	2.0	04 Dec 2025	On Market
Unit 83, 145 Canterbury Rd	$226,500	1.0	1.0		02 Dec 2025	On Market
Unit 11, 712 Orrong Rd	Price Withheld	1.0	1.0		28 Nov 2025	On Market

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