3 Balfour Street, Toorak, VIC 3142 | Property Value & History | OnTheHouse
 
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3 Balfour Street
Toorak VIC 3142

Bedrooms: 8
Bathrooms: 3
Car spaces: 3
Floor area: 453m2
Land area: 1605m2
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Last updated 29 Dec 2025
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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.

Building Type
House
Year Built
1930
Floor Size
453m2
Land Size
1605m2
Local Government
Stonnington
Lot/Plan
2/LP36850

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.

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Property History for 3 Balfour St, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$11,000,000
24 Feb 2024
  • 24 Feb 2024
    Sold for $11,000,000
  • 30 Jan 2024
    Listed for Sale $10,000,000 - $11,000,000
  • 23 Feb 2021
    Listed for Sale EOI Closing Friday 5th March at 12.00pm
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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 9,340 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.
There are currently 8 properties listed for sale, and 4 properties listed for rent in Toorak on OnTheHouse. According to Cotality's data, 446 properties were sold in the past 12 months in Toorak.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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