2. VIC
  3. Stonnington

Toorak VIC 3142

Houses Units

Here you can find what you need to know about Toorak, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$5M Median Sale Price (National Average $485k) 1st In VIC
-6.54% Median Sale Price Change (1yr) (National Average 4.30%) 2661st In VIC
$1,300pw Median Rent (National Average $395) 3rd In VIC
1.4% Median Gross Yield (National Average 4.24%) 593rd In VIC
Properties sold 114
Average discounting -9.75%
Average Days on Market 48
Stock on Market 71 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Toorak, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Toorak, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Toorak, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Toorak


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Toorak, VIC 3142

Part of: Stonnington Council No data available

The size of Toorak is approximately 4.3 square kilometres. It has 10 parks covering nearly 3.1% of total area. The population of Toorak in 2011 was 12,870 people. By 2016 the population was 12,907 showing a population growth of 0.3% in the area during that time. The predominant age group in Toorak is 20-29 years. Households in Toorak are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Toorak work in a professional occupation. In 2011, 61.7% of the homes in Toorak were owner-occupied compared with 61.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Toorak

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Toorak   for Houses in last 12 months


There have been 114 Houses sold in Toorak in the past 12 months with a median sale price of $5M, down 6.5% annually. It takes on average 30 days to sell with vendor discounting of -9.8%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
South Yarra VIC, 3141 -20.95% $1,867,500 $800pw 2.2% View Suburb Profile
Brighton VIC, 3186 -3.94% $3,227,500 $1,375pw 2.2% View Suburb Profile
Hawthorn VIC, 3122 -0.86% $2,637,000 $825pw 1.6% View Suburb Profile
East Melbourne VIC, 3002 14.28% $3,750,000 $1,100pw 1.5% View Suburb Profile
Toorak Gardens SA, 5065 23.49% $2,050,000 $873pw 2.2% View Suburb Profile
Melbourne VIC, 3000 Unavailable $375,000 $575pw 8.0% View Suburb Profile

Currency

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