Scooter LR v2
Local council Stonnington
Postcode 3142
Population 12,817
Suburb Profiles

What’s to love in Toorak

Known for its grand mansions, tree-lined streets, and exclusive lifestyle, Toorak offers an unrivalled living experience. Located 5km southeast of the CBD, the neighbourhood's prestigious shopping precincts, including Toorak Village, Hawksburn Village and nearby Chapel Street, are renowned for their high-end boutiques, fine dining establishments, gourmet delis and sophisticated cafés. With its close proximity to Melbourne's CBD and excellent transport links, including Toorak train station and multiple trams, commuting is convenient.

Toorak's leafy streetscapes and picturesque parks, such as Orrong Romanis Reserve, Toorak Park and Como Park, provide ample green spaces for leisurely strolls and outdoor activities. The suburb is home to several prestigious private schools, including St Catherine's School, St Kevin's College, and Loreto Mandeville Hall, known for their academic excellence and comprehensive educational programs.

Median House Price

$3,665,000

Median Unit price

$1,117,500

Av days on market

42 days

AV Rental per week

$975

Toorak Demographics

Median age

40-59

Population

12,817

Median rent

$1,300

Household income

$2,000 - $2,499

Dwelling structure
Flat or Apartment
49.81%
House
30.35%
Semi-detached or Terrace
19.77%
Other
0.07%
Home ownership
Owned Outright
42.56%
Rented
31.08%
Owner Mortgage
22.58%
Other
3.77%
Method of travel to work
Car
35.46%
Walk
2.89%
Train
2.11%
Bus
0.09%
Industry of employment
Professionals
40.44%
Managers
24.10%
Clerical and Administrative Workers
11.43%
Sales Workers
8.13%

Market Performance

Median sale price
Properties sold
Auction clearance
Av days on market

Median sale price in Toorak

Median sale price for houses in Toorak is $3,665,000, down 26.7% from last year.

Median sale price for units in Toorak is $1,117,500, down 11.8% from last year.

Properties sold in Toorak

Properties sold for houses in Toorak is 136, down 8.7% from last year.

Properties sold for units in Toorak is 231, up 30.5% from last year.

Auction clearance in Toorak

Auction clearance for houses in Toorak is 57.4%, down 17.5% from last year.

Auction clearance for units in Toorak is 78.1%, up 5.7% from last year.

Av days on market in Toorak

Av days on market for houses in Toorak is 42, up 5.0% from last year.

Av days on market for units in Toorak is 42, down 8.7% from last year.

Sales data supplied by Domain

Environment

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