All About Toorak Gardens, Burnside, SA, 5065

Toorak Gardens, nestled within the prestigious suburb of Burnside, South Australia, is renowned for its upscale housing market characterized by a blend of classic and contemporary architecture. The suburb offers a selection of elegant, heritage-style homes alongside modern residences, reflecting its affluent status. Known for its leafy streets and manicured gardens, the area attracts buyers seeking luxurious living in close proximity to Adelaide's city center. The housing market in Toorak Gardens is competitive, with property values consistently ranking among the highest in Adelaide, driven by its desirability and the prestige associated with the location. The demand is intensified by limited availability, as existing homeowners rarely part with their coveted properties, further elevating market prices and making it a hotspot for investors and affluent families.

Living in Toorak Gardens comes with myriad advantages, contributing to its reputation as a sought-after residential locale. Residents enjoy a serene environment with the added benefit of being just a short drive from Adelaide’s central business district. The suburb boasts access to high-quality amenities, including top-tier schools, boutique shopping, and fine dining experiences, particularly along The Parade in nearby Norwood. Verdant parks and recreational facilities enhance the lifestyle, offering ample opportunities for outdoor activities and community events. Toorak Gardens also exudes a sense of community and exclusivity, making it ideal for families and professionals seeking a blend of urban convenience and suburban tranquility. This suburb exemplifies luxury living with its rich history, sophisticated ambience, and strong community ties, making it a quintessential choice for those prioritizing quality of life.

Toorak Gardens Real Estate Market Outlook

Thinking about buying in Toorak Gardens? Now could not be a better time, with 1440 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,724,000 with prices in this suburb ranging from $283,000 to $10,955,000. The aproximate distance to the coast is 11 Km.

Consistent high demand relative to supply is a key feature in Toorak Gardens driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Toorak Gardens 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 Gardens 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. High density population in Toorak Gardens requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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