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Melbourne · 2:57 am

A-Z Real Estate
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Toorak property prices over the past 11 years

Explore how median house and unit prices have changed over time using annual sales data.

Reading price history for Toorak works best when houses and units are viewed separately. Short-term swings can be misleading, so the broader period and how many properties sold each year are worth weighing together when you interpret the annual medians and the longer trend across the series.

Price history

Compare annual median house and unit prices across the same period. Switch between nominal and inflation-adjusted values to view historical price movement in different terms.

Significant market events

Major Australian economic events are shown as reference points for long-term price movement. They provide broader market context rather than suburb-specific explanations.

Vertical guides on the chart mark wider macro moments—not Toorak-specific headlines. They are deliberately light: context for reading Toorak property trends, not a substitute for local advice.

  • 2020 — COVID-19. A period when many markets saw unusual buyer urgency and lifestyle-led moves.
  • 2022 — RBA cash rate rises. Borrowing costs shifted quickly—often cooling the most rate-sensitive segments first.
  • 2024 — Inflation peak easing. Sentiment began balancing again as inflation pressures moderated from their peak.

Toorak property market: a decade in context

A longer-term view of how house and unit prices have moved across the decade.

From 2016 to 2026, house prices decreased by 4.11% and unit prices fell by 28.05%, showing stronger long-term growth for house prices. House prices recorded their strongest annual increase in 2016, showing that growth has not been linear, with the latest year-to-date figures continuing that softer run. House prices carried the clearer long-term gain when the two markets are compared side by side across the reporting period. Across the decade, the two markets tell different long-term stories when read together across the full reporting window, with sales activity picking up in more recent years.

Year-by-year medians

Compare annual median prices, sales volume, growth and recorded price ranges. Switch between houses and units to focus on one property type at a time.

YearHouse medianHouse salesHouse growthHouse lowHouse high
2026$4,675,000114-23.49%$30,000$30,000,000
2025$6,110,000107+0.20%$1,465,000$124,000,000
2024$6,100,000134-14.30%$350,000$68,500,000
2023$7,120,000131+14.70%$450,000$61,000,000
2022$6,210,000125-1.70%$600,000$80,000,088
2021$6,320,000172+14.90%$300,000$43,100,000
2020$5,500,000108+23.60%$526,200$25,000,000
2019$4,450,000121-3.10%$525,000$22,200,000
2018$4,590,000151-11.90%$510,000$38,800,000
2017$5,210,000158+6.90%$130,000$38,000,000
2016$4,875,500172—$570,000$26,250,000

A more considered view on your property's value

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