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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 -8.05% over the past year and changed -15.79% over 2 years.

The median rent in Toorak for houses is $1,300 per week and the median rental yield is 1.69%. Stock on the market for houses/townhouses has changed -5.97% compared to last year and the average time to sell a house/townhouse is 94 days.The median listing price for units is $1,045,000 and this has changed 16.11% over the past year. The average unit takes 169 days to sell and the median rent for a unit in Toorak is $580 per week, producing a rental yield of 2.88%.

Supply & Demand in Toorak, Stonnington

1.11%

Current vacancy rate


85

Rental stock available


12,909

Population


27.10%

Rental population


1.61%

Current vacancy rate


992

Rental stock available


103,831

Population


38.99%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Toorak, Stonnington

  House Townhouses Units
Median listing price $4,000,000 $1,862,500 $1,045,000
Median price change - last quarter 0.12% 12.85% 10.52%
Median price change - 1 year -8.05% 49.00% 16.11%
Median price change - 2 years -15.79% 33.03% -18.20%
  House Townhouses Units
Median weekly rent $1,300 $995 $580
Median yield % 1.69% 2.77% 2.88%
Median rent change - 1 year 4.00% 10.55% 4.50%
  House Units
Previous month sales 4 7
Stock on market previous month 63 86
Stock variance vs. last year -5.97% -27.73%
Average days on market 94 169

Toorak investment property listings

Showing 1 of 1 investment properties found in Toorak on realestateinvestar.com.au

20 May Rd, TOORAK

$1,975,000

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VIC 3142


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