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Unit 2,
486 Toorak ROAD Toorak VIC 3142

This property is Off Market

All about Toorak Homes for sale in Toorak

The Average property price in this area is $4,387,257, this is based on recent transactions.
Internet speed Download 1000 Mbps / Upload 400 Mbps
Distance to the coast 4.23 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Woodards UNIT 95, 145 CANTERBURY RD, $1,250,000 - $1,350,000 3 Beds - 2 Baths - 4 Parking Within 0.1 km Belle Property UNIT 8, 14 SPRINGFIELD AV, $2,595,000 3 Beds - 2 Baths - Parking Within 0.4 km Belle Property UNIT 17, 14 SPRINGFIELD AV, Private Sale $400,000 - $440,000 1 Beds - 1 Baths - 1 Parking Within 0.4 km Woodards 671 ORRONG RD, $2,600,000 - $2,800,000 4 Beds - 2 Baths - 2 Parking Within 0.4 km Ray White UNIT 1, 409 TOORAK RD, 3700000 5 Beds - 2 Baths - 2 Parking Within 0.5 km Belle Property UNIT 22, 14 LANSELL RD, $750,000 - $780,000 2 Beds - 1 Baths - 1 Parking Within 0.5 km Belle Property UNIT 9, 53 GRANGE RD, $775,000 2 Beds - 1 Baths - 1 Parking Within 0.5 km Woodards UNIT 19, 5 GORDON ST, $385,000 1 Beds - 1 Baths - 1 Parking Within 0.6 km Belle Property UNIT 4, 526 TOORAK RD, $800,000 - $880,000 2 Beds - 1 Baths - 1 Parking Within 0.6 km OneAgency UNIT 9, 298 WILLIAMS RD, $365,000 - $395,000 1 Beds - 1 Baths - 1 Parking Within 0.7 km Belle Property UNIT 8, 17 MYOORA RD, Private Sale $690,000 - $740,000 2 Beds - 1 Baths - 1 Parking Within 0.9 km PRD UNIT 1, 1077-1079 MALVERN RD, $2,500,000 5 Beds - 4 Baths - 2 Parking Within 1.8 km

Recently Sold Properties in this Area

About Toorak

With an average age of 48, households expect an average monthly mortgage payment of $2,285 or a weekly rent payment of $415. The average family earns a weekly income of $4,062 with a typical household size of 2.1 and a 98.38% employment rate.

Consistent high demand relative to supply is a key feature in Toorak driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Toorak ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Toorak classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Lower than average population density constrains growth in Toorak to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

Stop 133: Grange Road tram

Stop 133: Canterbury Road tram

Stop 134: Orrong Road tram

Stop 135: Woorigoleen Road tram

Stop 136: Irving Road tram

Stop 137: Kooyong Road tram

Stop 137: Kooyong Road

General Points of Interest

Green Acres Golf Club schools

Trinity College shopping

Como Centre monument

Admiral Creswell Memorial stadium

Melbourne Cricket Ground monument

McKinnon Obelisk sport

Olympia Gymnasium monument

Centenary Bridge Pillar sport

Boroondara Tennis Centre golf

Malvern Valley Public Golf Course

Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 1109 asthma sufferers and 591 people living with diabetes. In addition, 733 people have a heart/vascular condition and 995 people live with three or more chronic diseases.

A good place to invest in property?

Toorak a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

96 / 100

52 / 100

Industry

35 / 100

17 / 100

Population

23 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

47 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Auburn High School Melbourne Girls College Toorak Primary School
Toorak Primary School
Toorak, VIC, 3142 State Prep-6
Armadale Primary School
Armadale, VIC, 3143 State Prep-6
Our Lady of Lourdes School
Prahran, VIC, 3181 Independent Prep-6
Loreto Mandeville Hall
Toorak, VIC, 3142 Independent Prep-12
Kamaruka
South Yarra, VIC, 3141 Independent 3-10

Property Story

Unit 2, 486 Toorak Road, Toorak, Vic, 3142 is a residential property with 1 bedrooms, 1 bathrooms and 0 Parking spaces. The estimated value of this home is $395,000 while properties of this type typically sell for between $290,000 and $500,000 in this suburb. The estimated distance to the sea is 4.23km and 0.86KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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