Number of recorded sales
345
Recorded sales in the current reporting period.
Melbourne
Apartments in Toorak
Explore the local market, price trends, recent sales and common characteristics of units in Toorak.
Toorak unit stock includes boutique apartment blocks and larger secured buildings along main road frontages, where attached dwellings trade land size for proximity to established residential streets. Statistics and market insights relate to units and apartments only. Buyers in Toorak should treat layout, condition, parking and outdoor space as core differences between units in the same category. The scope here is limited to units rather than mixed suburb-wide results. Use the nearby statistics and sold listings together when you interpret this property-type context.
Unit market overview
A current snapshot of pricing, sales activity and recent movement for this property type.
There has been steady unit turnover in Toorak recently, which gives buyers a useful read on selling conditions without treating any single result as the whole story. Typical time on market for units in this segment has been relatively short recently, which can indicate quicker selling conditions when listings are priced in line with comparable results. Recorded auction clearance for this segment has recently been around 74. 73%.
Median days on market
27 days
Typical time on market for this property type in the current reporting period.
Median apartment price
View how the median price has changed over time and switch to sale volume to compare market activity.
Over the longer run, unit values in Toorak have softened overall, with flatter or stronger periods mixed in along the way. The series includes several softer years as well as stronger ones, so the long-run path has not moved in one uniform direction every year. Regular turnover across the historical period supports the broader direction shown in the chart rather than relying on occasional outlier sales alone. Seasonal differences and one-off sales can still affect individual years within the Toorak unit series.
Unit styles in Toorak
Learn about the common styles, layouts and features found within this part of the local property market.
Newer low-rise and mid-rise buildings often carry two- and three-bedroom layouts with basement parking and concierge-style entry, while older walk-ups remain on select internal sites. Two-bedroom layouts appear frequently in Toorak, although two- and four-bedroom homes remain part of the local stock depending on street and pocket. Building era and block or floor configuration often explain why two units with similar bedroom counts can feel quite different in Toorak. Outdoor space, parking and internal layout still separate otherwise similar units in Toorak.
What to consider when buying a unit in Toorak
Compare the property itself with recent local sales, location, condition and the features that matter to your needs.
Premium buildings in Toorak can carry higher owners corporation levies, so compare annual accounts, sinking funds and maintenance schedules across apartment listings. When comparing units in Toorak, review owners corporation fees, building condition, parking, storage, floor level and natural light before focusing on bedroom count alone. Shared facilities, lift access, maintenance history and outlook on individual listings often explain why two similar apartments can sell at different levels. On inspections, compare how each home feels for light, noise and movement between living areas before you shortlist units in Toorak.
Explore more property information in Toorak
Continue your research with related market data, suburb information and available listings.
Frequently asked questions
Common questions about prices, property styles and buying this property type in the suburb.
The latest unit median in Toorak is $915,000. Median prices summarise the midpoint of recent sales for this property type and can shift as new results are added. They are most useful when read alongside property condition, location and recent comparable results rather than treated as a fixed price for every home.