Toorak, VIC 3142
Stonnington City, Victoria
Good to Know
Toorak, VIC 3142 is a high-value house market in the Stonnington City area, currently positioned as a cautious capital-preservation submarket. Located about 5 km south‑east of the Melbourne CBD, Toorak is home to roughly 12,817 adults across 8,101 dwellings and records a 2.18% vacancy rate.
According to HtAG Analytics, Toorak is exhibiting tight listing dynamics with soft price and rent momentum. Stock on Market sits at 0.20% and Inventory at 3.76 months — slightly above the ~3‑month balanced-market threshold — driving -4.9% YoY price growth and -3.5% YoY rent growth.
What the market data is signalling
Toorak's market shows a mix of low visible supply and weakening cash returns. The typical house price is $3,423,337 with a median weekly rent of $1,253, producing an indicative gross yield of only 1.90% (below the commonly recommended 3% minimum). Recent readings — including -4.9% 1‑year price growth and -3.5% 1‑year rent growth — point to price and rental softness despite constrained new listings.
Low Stock on Market (0.20%) and short 32 days on market indicate selective buying and fast transactions when suitable stock appears. For a visual snapshot, see the Markets in the Moment (MiM™) heatmap.
Who lives in Toorak — and why it matters for investors
Toorak sits at an IRSAD decile of 10, indicating very high relative socioeconomic advantage. The renter/owner mix is 31% renters (neutral), while the units/houses ratio is 63% (flagged unfavourable), which signals a stock composition that can increase turnover in multi‑unit segments and add volatility to rental competition. High affluence, however, contributes to price resilience at the top end, even as affordability is stretched (87 years affordability).
For more on how socioeconomic bands influence markets, see the IRSAD Crossover study.
Why suburb-level data matters for Toorak
Council-level averages can mask pockets like Toorak. The decision to invest should be driven by this suburb's own metrics: a typical house price of $3,423,337, an indicative gross yield of 1.90%, Stock on Market at 0.20%, Inventory at 3.76 months, and median 32 days on market. Those suburb-level facts define holder economics and liquidity far more effectively than broader averages.
Read more about why localised analysis matters in our LGA vs Suburb research. For a compiled export of these figures, open the full Toorak data guide.
What's behind the RCS™ score of 38
The HtAG RCS™ bundles three independent dimensions — risk minimisation, capital‑growth potential and cashflow resilience — into a single composite to help match markets to strategy. An overall score of 38 highlights constrained income potential and elevated entry prices relative to upside, so the sub‑score breakdown is essential for strategy alignment.
Learn how the RCS™ is built, then open Toorak in HtAG Copilot to explore the component scores against your objectives.
Forward signals to watch
vacancy rate — currently 2.18%: this sits in the balanced band (1–3.5%). Sustained movement below 1% over 12–24 months would tighten rental stock and lift rents; a drift above 3.5% would relieve rental pressure and lengthen leasing times.
building approvals ratio — currently 0.91%: this is within the neutral band (0.3–2%), implying modest development activity that is unlikely to rapidly alter supply in the short term.
Melbourne cycle phase: a city‑wide shift toward recovery would support renewed buyer demand and price stabilisation in Toorak; a move toward slowdown would likely deepen the current softening and extend the holding horizon required for capital recovery.
Does this area meet your investment goals?
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RCS Breakdown
Toorak's RCS™ headline is an overall signal — but it doesn't tell you why. The three sub-scores below reveal whether that score is earned through risk minimisation, capital growth, or cashflow — and which portfolio brief it fits.
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Critical to know
Market Trends
Toorak's headline values — $3,481K to buy and $1,249PW to rent, a 1.86% gross yield. Over the past decade, prices have moved -6.00% and rents 19.65% — the Yield series shows whether that gap is widening (price outpacing rent, yield compressing) or closing.
$3,481K is today. The 10-year trajectory reveals whether that's the top of a run, the start of a new leg, or somewhere mid-cycle. Sign up to unlock the entire trend line.
$1,249PW today, with rent growth at (-3.63% YoY) compared to price growth (-3.79%). That spread determines yield is expanding or compressing across the next cycle. Sign up to unlock the entire trend line.
Where is Toorak in its cycle - and is the 1.86% yield holding?
Cycle phase tells you whether you're buying near the bottom (room to run) or top (compression ahead). Yield trajectory tells you whether cashflow is durable or being eroded — the single most important question for a long-hold thesis.
Cycle Phase
Cycle Position
Yield Trajectory
Rent vs Price Spread
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Area Risks
Property data alone won't flag the structural risks that can erode a long-hold position. Bushfire overlays, flood-zone exposure, and economic concentration sit outside the price feed but determine whether your capital is insurable, defensible, and structurally protected. Unlock to see.
Are there hidden structural risks shaping Toorak's long-hold story?
Beyond the headline price, Toorak carries risk signals a median can't show — hazard exposure from bushfire and flood overlays, and how narrowly local employment leans on a handful of sectors (the concentration the EDI score quantifies). Together these separate insurable, defensible long-holds from those carrying tail-risk that never surfaces in the headline number.
MADI Risk
EDI Risk
Bushfire
Flood
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Critical to know
Supply & Demand
Toorak's headline numbers show where the market is today. The two cards below answer where it's heading. Direction is what separates a buy from a wait.
Is housing supply tightening or building up?
Stock on Market is one number — the trend is what matters. SoM, inventory, building approvals and hold period together reveal whether the market is starving for stock (price pressure up) or quietly building a pipeline (pressure down).
Stock on Market
Inventory
Building Approvals
Hold Period
Is buyer and renter demand heating up or cooling off?
Vacancy is one signal — the real question is whether demand is still building or quietly peaking. Days on market, vacancy, search index and clearance rate are the four pulse-points — when they diverge, they signal a turning point.
Days on Market
Vacancy Rate
Search Index
Clearance Rate
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Fundamentals
Toorak can look solid on the surface — but the three layers below separate markets that genuinely hold value from ones that only look like they do.
Is Toorak genuinely stable - or just expensive?
IRSAD hints at affluence, but socio-economic strength alone doesn't guarantee resilience. Combined with the renter-to-owner balance and unit-to-house ratio, you get the three signals that separate a tightly-held submarket from one carrying hidden volatility.
IRSAD
Renter to Owner
Units to Houses
Where do Toorak prices go over the next 12 months?
Today's headline price is just a snapshot. Projected ROI and the volatility index tell you whether to commit capital now, wait for a softer entry, or rotate into a steadie submarket.
Projected Annual ROI
Volatility Index
Can you actually buy into Toorak - and exit cleanly?
Tightly-held areas reward long-hold investors but punish anyone who needs liquidity. Annual sales and rental volume reveal whether your capital can reposition — or sits structurally locked in.
Annual Sales Volume
Annual Rental Volume
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Important to know
Education & Infrastructure
Toorak looks tightly-held and stable on the surface — but the three layers below separate areas that genuinely hold value from ones that only look like they do.
Does Toorak's school catchment + infrastructure pipeline justify the price?
School ranks anchor family demand and tenant quality. The active infrastructure pipeline shifts a suburb's price ceiling over the next 5–10 years. Together they tell you whether Toorak has structural support for the next leg of capital growth.
School Rank
Hospitals & Employment
Infrastructure Spend
Transport Projects
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Full HtAG Intelligence
Toorak shows potential. The platform tells you whether it's the best fit for your portfolio.
Price and yield are only the surface. HtAG reads the forces underneath — supply tightening or loosening, demand heating or cooling, and the risks that move slowly but decide long-term growth. Together they show whether Toorak has the structural support for its next leg — or whether the numbers are running ahead of the fundamentals.
The total adult population (15 years or older) of Toorak 3142 VIC is 11,428, with a median age of 47. Of those, 46.48% are married, 10.20% are divorced or separated, 37.30% are single and 6.00% are widowed.
The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $15,636. The median monthly mortgage repayment for households in this suburb is $3,152 which is 20.16% of their earnings.
Source: ABS Census Data (2021)