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Investment Property Toorak, VIC, 3142

Suburb Snapshot

Toorak is a suburb in the Stonnington Region of Victoria. Toorak has a population of 12,909 people and 27.10% of its occupants live in rental accommodation. The median listing price for houses is $4,000,000 and this has changed 0.00% over the past year and changed -17.53% over 2 years.

The median rent in Toorak for houses is $1,295 per week and the median rental yield is 1.68%. Stock on the market for houses/townhouses has changed -8.45% compared to last year and the average time to sell a house/townhouse is 93 days.The median listing price for units is $1,050,000 and this has changed 16.66% over the past year. The average unit takes 139 days to sell and the median rent for a unit in Toorak is $580 per week, producing a rental yield of 2.87%.

Supply & Demand in Toorak, Stonnington

0.98%

Current vacancy rate


75

Rental stock available


12,909

Population


27.10%

Rental population


1.55%

Current vacancy rate


951

Rental stock available


103,831

Population


38.99%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Toorak, Stonnington

  House Townhouses Units
Median listing price $4,000,000 $1,975,000 $1,050,000
Median price change - last quarter 0.12% 12.85% 10.52%
Median price change - 1 year 0.00% 103.60% 16.66%
Median price change - 2 years -17.53% 23.43% -17.65%
  House Townhouses Units
Median weekly rent $1,295 $985 $580
Median yield % 1.68% 2.59% 2.87%
Median rent change - 1 year 6.58% 9.44% 5.45%
  House Units
Previous month sales 12 9
Stock on market previous month 65 103
Stock variance vs. last year -8.45% -5.50%
Average days on market 93 139

Toorak investment property listings

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