Auction Times
Sat 30 May | Auction Time | Agency | |
|---|---|---|---|
 | 8/28 Power Street 2 1 1 Apartment | 1:30 PM Sat 30th May | Gary Peer & Associates |
Median Sale Price
House
$4.09M
Updated on Mar 2020
2 BR $2.88M | 3 BR $2.9M | 4 BR $5.34M |
Unit
$1M
Updated on Mar 2020
1 BR $442K | 2 BR $780K | 3 BR $1.85M |
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 | $2,600,000 | +10.7% | $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 | $16,670,001 | 134 |
| 2018 | $3,800,000 | -31.6% | $1,060,000 | $14,200,000 | 118 |
| 2019 | $2,335,000 | -62.7% | $1,860,000 | $7,050,000 | 110 |
| 2020 | $4,500,000 | +48.1% | $1,600,000 | $8,000,000 | 23 |
Median Sale Price
$2.92M
Based on 96 recorded sales within the last 12 months
Updated on 26 May 2020
Suburb Growth
-1.9%
Current Median Price: $2,920,000
Previous Median Price: $2,975,000
Based on 210 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2020)
Price Range Segments (12 months ending Apr 2020)
Median Weekly Rent Price
House
$1,050
Updated on Apr 2020
2 BR $700 | 3 BR $1,050 | 4 BR $1,345 |
Unit
$490
Updated on Apr 2020
1 BR $350 | 2 BR $510 | 3 BR $790 | 4 BR $1,075 |
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 | $1,275 | +13.7% | $320 | $4,000 | 137 |
| 2018 | $1,150 | -10.9% | $420 | $4,500 | 137 |
| 2019 | $1,200 | +4.2% | $450 | $5,000 | 125 |
| 2020 | $1,050 | -14.3% | $375 | $3,000 | 45 |
Median Rent Price
$1,200
per week
Based on 125 recorded rent within the last 12 months
Updated on 26 May 2020
Rent Price Growth
+4.2%
Current Median Rent: $1,200
Previous Median Rent: $1,150
Based on 249 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.1%
Current Median Price: $2,920,000
Current Median rent: $1,200
Based on 221 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2020)
Auction Results For Toorak
Houses sold in Last 12 months ends 23 May 2020
$2.92M
Median Sale Price
79%
Clearance Rate
44/56
Sold/Reported
$7.05M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 3 | |
| $2 M - $3 M (Median Price Range) | 1 | |
| $1.8 M - $2 M | 3 | |
| $1.6 M - $1.8 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 |