Suburb Profile for Toorak VIC 3142 - Property Market News, Growth, Yield and Latest Listings - Homes.com.au

Toorak VIC, 3142

Toorak Real Estate: Suburb Profile

Making a move to Toorak, VIC 3142? It's critical to decide if the suburb ticks all the boxes regarding your budget and lifestyle. The Homes.com.au suburb profile provides the statistics on Toorak house prices, demographics & market trends so that we can help you make an intelligent decision about your future purchase.

If you're looking at buying in Toorak, have a little read of our historical overview to discover more about the lifestyle and what makes this suburb so great.

Overview Toorak is a suburb of Melbourne, Victoria, located about five kilometres away from the Melbourne central business district. The suburbs surrounding Toorak are Richmond, Burnley, Hawthorn, South Yarra, Kooyong, Prahran, Armadale, and Malvern. To date, the Toorak has 12,909 residents (based on the 2016 census).

Living in Toorak Toorak is synonymous with the words “wealth and privilege” as the suburb has long been home to the most elite families in Melbourne and is ranked as one of the most prestigious neighbourhoods in Australia.

The suburb has also been a location of numerous consulate offices, such as the US, Britain, China, Switzerland, Monaco and Sweden.

The suburb's main street is Toorak Road, where most commercial establishments, such as speciality shops and cafes, are located.

Several schools operate in the suburb, including St. Catherine’s School, St. Kevin’s College, Loreto Mandeville Hall and Toorak Central School. For sports facilities, Toorak has The Royal South Yarra Lawn Tennis Club and the Kooyong Stadium, which is the former home of the Australian Open.

History of Toorak Toorak is named after Toorak House, which was built in 1849 by Italian merchant James Jackson. Before completing the current Government House, Toorak House served as a residence for Captain Sir Charles Hotham, Victoria’s first governor, and his other successors.

Around the late 1800s, many elaborate mansions were built in Toorak, with the suburb becoming a favoured location of Australia’s wealthiest.

Today, only a few 19th-century residences remain in the suburb, including the Illawarra House and the most expensive house in Melbourne, Coonac.

Get a better understanding of the Toorak property market by partnering with a skilful Toorak real estate agent on our find agent page.

Real Estate Toorak, 3142 Statistics

45yrs

Toorak
Median Age

Demographic data provided by ABS 2016

Toorak Median Property Price

Total properties sold in the last 12 months
House$3,850,000
Apartments / Units$620,000
12,912

Total Toorak Population

Demographic data provided by ABS 2016
Tenure Type
Owned outright42%
Mortgage22%
Rented36%
Demographic data provided by ABS 2016
Vacancy Rates5%As of October, 2021

Dwellings2654
Listings132

Properties in Toorak VIC 3142

0

Agents in Toorak VIC 3142

No Agent Property
F
No Agent Property

For Sale For Lease

Nick Johnstone
Property Agent Nick Johnstone
Nick Johnstone

Nick Johnstone

Director/Auctioneer
Ray White Carnegie
Property Agent Josh Hommelhoff
Ray White Carnegie

Josh Hommelhoff

Sales Consultant
Harcourts Select
Property Agent Brett Philipp
Harcourts Select

Brett Philipp

Sales representative
No Agent Property
N
No Agent Property

No Agent Property

Ross-Hunt Real Estate
Property Agent Jeff Anderson
Ross-Hunt Real Estate

Jeff Anderson

Sales representative
Williams Batters
Property Agent Philippe Batters
Williams Batters

Philippe Batters

Director
Williams Batters
Property Agent Edward Carlile
Williams Batters

Edward Carlile

Sales Consultant
No Agent Property
N
No Agent Property

No Agent Property - SA (RLA 247930)

First National Real Estate Janssen & Co.
I
First National Real Estate Janssen & Co.

Ivy Lung

Agencies in Toorak VIC 3142

For Sale by Owner

For Sale by Owner

Balaclava

Suite 3,19 Suite 1 19 William Street, Balaclava VIC
No Agent Property

No Agent Property

Brighton East

Suite 1a, 608 Hawthorn Road, Brighton East VIC
Triple One Group Pty Ltd

Triple One Group Pty Ltd

Brisbane

Suite 626 12B / 198 Adelaide Street, Brisbane QLD
Biggin & Scott Glen Waverley

Biggin & Scott Glen Waverley

Glen Waverley

45 Myrtle Street, Glen Waverley VIC
Ray White Carnegie

Ray White Carnegie

Carnegie

276 Neerim Road, Carnegie VIC
Nick Johnstone

Nick Johnstone

Brighton

248 Esplanade, Brighton VIC
Hudson Bond Real Estate

Hudson Bond Real Estate

Doncaster

632 Doncaster Road, Doncaster VIC
Biggin & Scott Yarraville

Biggin & Scott Yarraville

Yarraville

39 Anderson Street, Yarraville VIC
Harcourts Wantirna

Harcourts Wantirna

Wantirna

Shop 5/249 Stud Road, Wantirna VIC
Dingle Partners

Dingle Partners

Melbourne

39 Queen Street, Melbourne VIC

Frequently Asked Questions

The postcode for Toorak, VIC is 3142

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