3 Balfour StreetToorak VIC 3142
Property Details for 3 Balfour St, Toorak
3 Balfour St, Toorak is a 8 bedroom, 3 bathroom House with 3 parking spaces and was built in 1930. The property has a land size of 1605m2 and floor size of 453m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Last Listing description (August 2025)
Rebuild, Renovate, Redevelop
Inspect By Appointment
Prime Toorak land of 1615m approx. with 30.0m frontage to tree lined Balfour Street, ideally suited to: Build a new home, incorporating spectacular Stonnington valley and Dandenong ranges views.
Develop multiple dwellings or apartments (STCA) in GRZ schedule 8 zone with a 12m height limit, or Rent or Renovate further the existing seven bedroom; three bathroom 1920s family home with large beautiful established garden in an area where capital investment is rewarded.
Superbly positioned in the heart of Toorak, surrounded by quality homes and family estates, walking distance to St Catherines, Scotch and St Kevins Colleges and Heyington station. A short tram ride or cycle to Melbourne Grammar School, Merton Hall and Lauriston Girls' School.
Property History for 3 Balfour St, Toorak, VIC 3142
- 24 Feb 2024Sold for $11,000,000
- 30 Jan 2024Listed for Sale $10,000,000 - $11,000,000
- 23 Feb 2021Listed for Sale EOI Closing Friday 5th March at 12.00pm
Recent sales nearby
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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 9,338 properties. Over the last 5 years, Houses in Toorak have seen a 7.59% increase in median value, while Units have seen a 3.29% increase. As at 31 January 2026:
- The median value for Houses in Toorak is $4,827,152 while the median value for Units is $1,116,155.
- Houses have a median rent of $875 while Units have a median rent of $650.
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