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
6/4 Glyndebourne Av, TOORAK 2 Apartment Auction Sale 25/05/2019 Jellis Craig
3/708 Orrong Rd, TOORAK 2 Apartment Passed in at Auction 25/05/2019 Marshall White
2/545 Toorak Rd, TOORAK 2 Apartment Passed in at Auction 25/05/2019 R T Edgar Boroondara
10/8 Trawalla Av, TOORAK 3 Apartment Auction Sale 25/05/2019 RT Edgar
6 Evans Ct, TOORAK 4 House (Res) Expression of Interest 18/05/2019 RT Edgar

Median data for March 2019 Quarter. Click here for details.

Median Sale Price

$3.37mil

Metro Melbourne

$793k

Quarterly Price Change

18.5%

Metro Melbourne

-1.4%

Median Rent

$1,150

Metro Melbourne

$450

Rental Yield

1.5%

Metro Melbourne

2.9%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 79.2% 55.6%
Days on Market 37 41
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,550,500 $865,000
3 Bedrooms $3,300,000 $730,000
4 Bedrooms $4,600,000 $870,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $495
3 Bedrooms $1,000 $425
4 Bedrooms $1,275 $480

Median data for March 2019 Quarter. Click here for details.

Median Sale Price

$685k

Metro Melbourne

$587k

Quarterly Price Change

-30.1%

Metro Melbourne

-0.5%

Median Rent

$470

Metro Melbourne

$425

Rental Yield

2.8%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 79.2% 55.6%
Days on Market 37 41
Median price by Bedrooms Suburb Metro
1 Bedroom $412,750 $370,000
2 Bedrooms $785,000 $570,000
3 Bedrooms $1,650,000 $760,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $350 $370
2 Bedrooms $490 $440
3 Bedrooms $680 $525

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