Toorak is Australia’s most famous prestige suburb — consistently ranking among the nation’s highest median house prices. Located 5km southeast of the CBD, it is home to Melbourne’s wealthiest families, corporate executives and international buyers. Property transactions are predominantly private and off-market.
Toorak Market Snapshot 2026
| Metric | Houses | Units |
|---|---|---|
| Median Price | $5.85M | $1.28M |
| Rental Yield | 1.4% | 2.8% |
| Annual Growth | +4.2% | +3.1% |
| Median Rent (pw) | $2,200 | $680 |
| Days on Market | 62 | 45 |
| Vacancy Rate | 1.8% | 2.3% |
GeeVee Investment Score — Toorak
| Factor | Score |
|---|---|
| Capital Preservation | 10/10 |
| Prestige Premium | 10/10 |
| Rental Yield | 2/10 |
| Liquidity | 4/10 |
| Long-term Growth | 7/10 |
| GeeVee Score | 6.6/10 |
Toorak is a capital preservation and prestige play, not a yield investment. The most compelling opportunities — including off-market mansion sales — never reach public portals.
Access off-market Toorak listings at collings.com.au/portal
Toorak Property FAQs
What is the median house price in Toorak?
The median house price in Toorak is approximately $5.85M in 2026, making it consistently one of Australia’s most expensive suburbs. Trophy homes on Orrong Road and St Georges Road regularly exceed $15M-$30M.
Whether you are buying, selling or investing in Toorak, the Collings Property Platform gives you access to off-market opportunities and GeeVee AI analysis. Join free today. collings.com.au/portal
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