1/516 Toorak Road Toorak VIC 3142
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Comfortable 1 bedroom apartment in prestige building surrounded by lush gardens
Property Details for 1/516 Toorak Rd, Toorak
1/516 Toorak Rd, Toorak is a 1 bedroom, 1 bathroom Apartment. The place is currently for rent with Rodney Morley - Toorak.
About Toorak 3142
The size of Toorak is approximately 4.3 square kilometres. It has 10 parks covering nearly 3.1% of total area. The population of Toorak in 2016 was 12909 people. By 2021 the population was 12817 showing a population decline of 0.7% in the area during that time. The predominant age group in Toorak is 20-29 years. Households in Toorak are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Toorak work in a professional occupation.In 2021, 65.20% of the homes in Toorak were owner-occupied compared with 61.70% in 2016.
Toorak has 9,337 properties. Over the last 5 years, Houses in Toorak have seen a -6.44% decrease in median value, while Units have seen a 4.26% increase. As at 30 November 2025:
- The median value for Houses in Toorak is $4,155,231 while the median value for Units is $1,011,747.
- Houses have a median rent of $840 while Units have a median rent of $650.
Suburb Insights for Toorak 3142
Market Insights
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Neighbourhood Insights
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