Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $2,321,000 | 0.0% | $601,000 | $18,000,000 | 150 |
| 2010 | $2,650,000 | +12.4% | $805,000 | $16,500,000 | 148 |
| 2011 | $2,625,000 | -1.0% | $675,000 | $12,610,000 | 106 |
| 2012 | $2,350,000 | -11.7% | $328,000 | $12,000,000 | 105 |
| 2013 | $2,600,000 | +9.6% | $240,000 | $21,500,000 | 194 |
| 2014 | $2,975,000 | +12.6% | $850,500 | $15,000,000 | 173 |
| 2015 | $3,555,000 | +16.3% | $480,000 | $17,000,000 | 153 |
| 2016 | $4,900,000 | +27.4% | $775,000 | $26,250,000 | 142 |
| 2017 | $5,000,000 | +2.0% | $1,250,000 | $17,250,000 | 134 |
| 2018 | $4,321,000 | -15.7% | $1,060,000 | $14,200,000 | 123 |
| 2019 | $4,425,000 | +2.4% | $1,205,000 | $22,200,000 | 119 |
| 2020 | $4,575,000 | +3.3% | $1,019,000 | $25,000,000 | 103 |
| 2021 | $5,400,000 | +15.3% | $1,255,000 | $24,000,000 | 163 |
| 2022 | $5,000,000 | -8.0% | $1,456,000 | $80,000,088 | 122 |
| 2023 | $6,500,000 | +23.1% | $1,570,000 | $40,000,000 | 120 |
| 2024 | $3,960,000 | -64.1% | $310,000 | $21,000,000 | 122 |
Median Sale Price
$3.96M
Based on 123 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-64.1%
Current Median Price: $3,960,000
Previous Median Price: $6,500,000
Based on 243 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $895 | 0.0% | $285 | $3,300 | 87 |
| 2012 | $950 | +5.8% | $260 | $4,500 | 103 |
| 2013 | $899 | -5.7% | $310 | $3,500 | 118 |
| 2014 | $1,100 | +18.3% | $280 | $3,661 | 97 |
| 2015 | $995 | -10.6% | $295 | $4,500 | 111 |
| 2016 | $1,100 | +9.5% | $290 | $4,000 | 132 |
| 2017 | $1,300 | +15.4% | $320 | $4,000 | 138 |
| 2018 | $1,150 | -13.0% | $420 | $4,500 | 137 |
| 2019 | $1,200 | +4.2% | $450 | $5,000 | 125 |
| 2020 | $1,100 | -9.1% | $375 | $5,000 | 148 |
| 2021 | $1,100 | 0.0% | $55 | $10,750 | 105 |
| 2022 | $1,100 | 0.0% | $285 | $9,500 | 119 |
| 2023 | $1,300 | +15.4% | $330 | $3,750 | 92 |
| 2024 | $1,375 | +5.5% | $385 | $11,000 | 92 |
Median Rent Price
$1,375
per week
Based on 95 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+5.5%
Current Median Rent: $1,375
Previous Median Rent: $1,300
Based on 185 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.8%
Current Median Price: $3,960,000
Current Median rent: $1,375
Based on 218 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Toorak
Houses sold in Last 12 months ends 21 Dec 2024
$2.6M
Median Sale Price
56%
Clearance Rate
21/38
Sold/Reported
$2.9M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M (Median Price Range) | 4 | |
| $1.4 M - $1.6 M | 1 | |
Similar Suburbs to Toorak 3142
Based on median house sale price sold in last 12 months
Schools closest to Toorak, VIC 3142
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Toorak Primary SchoolTop 100 | CANTERBURY ROADToorak 3142 | Primary | Government | 0.44 km |
| Loreto Mandeville HallTop 20 | Toorak 3142 | Combined | Independent | 0.7 km |
| Our Lady of Lourdes School | 7 WYNNSTAY RDPrahran 3181 | Primary | Catholic | 1.23 km |
| St Catherine's SchoolTop 20 | 17 HEYINGTON PLToorak 3142 | Combined | Independent | 1.04 km |
| St Kevin's College Heyington | Toorak 3142 | Combined | Catholic | 1.06 km |
| Armadale Primary School | 9-23 DENSHAM ROADArmadale 3143 | Primary | Government | 1.38 km |
| Richmond Primary School | 85 BRIGHTON STREETRichmond 3121 | Primary | Government | 1.57 km |
| Melbourne High SchoolTop 5 | FORREST HILLSouth Yarra 3141 | Secondary | Government | 1.46 km |
| The King David School Magid Institute CampusTop 50 | Armadale 3143 | Combined | Independent | 1.88 km |
| The King David School | 517-519 ORRONG RDArmadale 3143 | Combined | Independent | 1.89 km |