Profile for Toorak

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Toorak is located 6 km south-east of the CBD. Located in Melbourne's inner south-east Toorak is an affluent residential suburb. A large proportion of the labour force is employed in finance property and business services and more than 50% of the work force is employed as managers administrators and professionals. It also has the highest percentage of children attending non-government schools in Melbourne. Toorak contains commercial areas along Toorak and Malvern Rds and features the Kooyong Lawn Tennis Club.

Recent Sales & Auction Results in Toorak

Address Price Type Method Sale Date Agent
Property List
4/753 Malvern Rd, Toorak 3 Apartment Expression of Interest 13/04/2019 RT Edgar
1/1075 Malvern Rd, Toorak 2 Apartment Auction Sale 13/04/2019 Kay & Burton
5/402 Toorak Rd, Toorak 2 Apartment Sold Before Auction 29/03/2019 Jellis Craig

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$2.8mil

Metro Melbourne

$797k

Quarterly Price Change

-16.4%

Metro Melbourne

-3.7%

Median Rent

$1,075

Metro Melbourne

$450

Rental Yield

1.4%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 35.7% 45.1%
Days on Market 36 42
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,325,000 $870,000
3 Bedrooms $2,700,000 $733,000
4 Bedrooms $4,700,000 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $690 $490
3 Bedrooms $1,025 $420
4 Bedrooms $1,423 $480

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$809k

Metro Melbourne

$589k

Quarterly Price Change

1.8%

Metro Melbourne

-1.7%

Median Rent

$470

Metro Melbourne

$420

Rental Yield

2.8%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 35.7% 45.1%
Days on Market 36 42
Median price by Bedrooms Suburb Metro
1 Bedroom $456,250 $370,000
2 Bedrooms $812,000 $571,000
3 Bedrooms $1,700,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $350 $370
2 Bedrooms $488 $440
3 Bedrooms $705 $521

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