Market snapshot

Suburb insights for Toorak3142

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Toorak is located 5 km south-east of the CBD an affluent residential suburb south of the Yarra River. Toorak contains commercial areas along Toorak Road and Malvern Road. The neighbourhood features the Kooyong Lawn Tennis Club and Brookville Gardens.

Recent sales and auction results in Toorak

AddressBedroomsPriceTypeMethodSale DateAgentListing
2/24 Hill St, Toorak1PriceUnitPassed in Vendor Bid27/06/2025Marshall WhiteView
2/38 Grange Rd, Toorak3PriceApartmentSold Before Auction26/06/2025Belle Property ArmadaleView
6/71 Lansell Rd, Toorak3PriceApartmentSold Before Auction25/06/2025Belle Property South Yarra

Sales data

Median sale price
$2.9mil
Quarterly price change
-50.9%
Metro Melbourne Comparison
$923k
2.7%
BedroomsToorakMetro comparison
2-$881,200
3$3,275,000$810,000
4$5,333,000$942,350
InsightToorakMetro comparison
Clearance rate76.2%78.5%
Days on market34.542

Rental data

Median weekly rent
$1,300
Rental yield
1.6%
Metro Melbourne Comparison
$580
3.3%
BedroomsToorakMetro comparison
2-$580
3$1,275$550
4$1,800$600
Median data for the current quarter
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