Median house price
$4.67M
Melbourne
Toorak
Overview
Toorak is an inner-east suburb within easy reach of Melbourne's CBD, with tree-lined residential streets and local cafés and public transport. Local shopping, dining and transport sit close to the residential streets, within a short walk or tram ride of most homes.
local village shopping puts cafés, shops and local services within walking distance of period houses and newer apartments, which tends to suit owner-occupiers who want more space with cafés, shops and public transport close to home.
The current median house price sits around $4.67M, with annual movement that has softened compared with the prior year. Even so, comparable sales on the same street can sit well above or below that line depending on period detail, land and condition.
Market performance in Toorak
Understand the key indicators shaping the local property market before exploring the latest figures.
Average days on market
28 days
Annual price growth
-23.49%
Auction clearance rate
78%
Market insights
Explore deeper market analysis, auction activity and local trends to better understand how the suburb is performing.
Auction results
Explore weekly clearance rates, auction volumes, and sold results across Toorak and nearby.
Quarterly market updates
Read quarterly analysis on market movements, buyer behaviour, and key shifts shaping Toorak.
Sold insights
Compare recent sales across different property types and bedroom configurations to better understand local market activity.
| Bedrooms | 12 mo salesLast 12 months sales | Median price | Avg DOMAvg days on market | Clearance | RentRental median |
|---|---|---|---|---|---|
| AllAll houses | 114 | $4,675,000 | 28 days | 78% | $1,500 pw |
| 1 bed1 bedroom | 0 | — | — | — | $1,500 pw |
| 2 bed2 bedrooms | 7 | $3,000,000 | — | 50% | $710 pw |
| 3 bed3 bedrooms | 44 | $2,944,000 | 28 days | 84% | $1,500 pw |
| 4 bed4 bedrooms | 42 | $6,000,000 | 27 days | 73% | $1,580 pw |
| 5 bed5 bedrooms | 16 | $8,152,500 | 62 days | — | $3,100 pw |
Recent sales in Toorak
Browse recent sales to see how comparable properties have performed across the suburb.
Lifestyle and neighbourhood
Discover the places, amenities and everyday experiences that make this suburb unique.
Nearby schools
Compare nearby schools, catchments and education options for local families.
St Catherine's School
Primary/Secondary · Independent
17 Heyington Place, Toorak
Loreto Mandeville Hall
Primary/Secondary · Catholic
10 Mandeville Crescent, Toorak
St Kevin's College
Primary/Secondary · Catholic
31 Moonga Road, Toorak
Landmarks
Toorak offers landmarks such as parks and gardens, trails and waterways, libraries, and churches and parishes.
Winifred Crescent Reserve
Winifred Cres near Malvern Rd, Toorak VIC 3142
Fairbairn Reserve
Fairbairn Rd precinct, Toorak VIC 3142
Gardiners Creek linear reserve
Williams Rd / Burke Rd approaches, Gardiners Creek, Toorak VIC 3142
Transport and connectivity
Train, tram, and road networks keep Toorak linked to the CBD and surrounding suburbs.
Closest station
Toorak — Cranbourne/Pakenham/Frankston group
Additional stations
Hawksburn — Same corridor
Major tram routes
Routes 58 and 72 — Toorak Road
Bus connections
Gardiners Creek and northern Yarra foreshore corridors form part of Stonnington cycling/walking routes; allow extra crossing time toward Williams…
Road access
Burke Road buses and arterial links feed Camberwell Junction and Hawksburn precincts — check PTV.
Compare Toorak with other Melbourne suburbs
See how Toorak compares across property prices, lifestyle, schools, transport, walkability and local amenities against nearby Melbourne suburbs.
Property directory in Toorak
Browse homes currently on the market and discover opportunities across the suburb.
