Toorak, situated in New South Wales, is renowned for its luxurious lifestyle and prestigious real estate. Often regarded as one of the most affluent suburbs, Toorak combines beautiful architecture, green spaces, and a rich cultural environment with excellent amenities. This article explores the best residential areas in Toorak, detailing their distinctive characteristics, housing options, and average prices to help prospective residents make informed decisions.
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Toorak Village
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Toorak Village serves as the heart of the suburb, offering a mix of high-end boutiques, cafes, and restaurants. The vibrant community atmosphere is perfect for those who enjoy a lively yet sophisticated environment.
Characteristics of the Toorak Village
* Culture: A blend of chic boutiques, art galleries, and gourmet restaurants.
* Transportation: Well-connected with public transport; bus services available.
* Services: Local shops, supermarkets, and essential services within walking distance.
* Environment: Bustling and cosmopolitan, yet maintaining a village charm.
Housing Options in the Toorak Village
Luxurious apartments, townhouses, and historic homes.
Average Home Prices in the Toorak Village
* Buying: $1,500,000 – $3,000,000
* Renting: $600 – $1,200/week
Toorak Gardens
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Toorak Gardens is known for its spacious homes situated amongst beautifully landscaped gardens. It is ideal for families looking for a serene atmosphere paired with a close-knit community feel.
Characteristics of the Toorak Gardens
* Culture: Community-focused, with local events and parks.
* Transportation: Easy access to public transport, including trains and buses.
* Services: Family-friendly amenities, including parks, schools, and shops.
* Environment: Tranquil and family-oriented.
Housing Options in the Toorak Gardens
Family homes, larger units, and landscaped gardens.
Average Home Prices in the Toorak Gardens
* Buying: $2,000,000 – $4,000,000
* Renting: $700 – $1,500/week
Toorak East
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Offering a quieter lifestyle, Toorak East is perfect for those who appreciate privacy without sacrificing proximity to urban conveniences. Residents often enjoy larger plots of land and upscale homes.
Characteristics of the Toorak East
* Culture: Focus on privacy and nature with spacious properties.
* Transportation: Car dependent; limited public transport options.
* Services: Local amenities are available but require a short drive.
* Environment: Secluded and peaceful.
Housing Options in the Toorak East
Executive homes, luxury estates.
Average Home Prices in the Toorak East
* Buying: $2,500,000 – $5,000,000
* Renting: $900 – $1,800/week
Toorak Riverfront
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This beautiful suburb along the river is perfect for those who love the outdoors. Boasting picturesque views and walking trails, it offers a perfect escape from city life while remaining conveniently close to amenities.
Characteristics of the Toorak Riverfront
* Culture: Outdoor activities, with a focus on nature.
* Transportation: Public transport available, bike paths along the river.
* Services: Local cafes and a few boutique shops, along with easy access to larger shopping centres.
* Environment: Relaxed and nature-centric.
Housing Options in the Toorak Riverfront
Riverside homes, modern apartments with river views.
Average Home Prices in the Toorak Riverfront
* Buying: $2,000,000 – $4,500,000
* Renting: $800 – $1,600/week
Toorak Heights
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Nestled on higher ground, Toorak Heights offers stunning views of the surrounding area and a sense of exclusivity. This area is ideal for those interested in premium properties and a lavish lifestyle.
Characteristics of the Toorak Heights
* Culture: A mix of upscale living and natural aesthetics.
* Transportation: Car recommended; public transport is limited.
* Services: Elegantly designed homes often have private amenities available.
* Environment: Sophisticated and exclusive.
Housing Options in the Toorak Heights
Luxury villas, private estates.
Average Home Prices in the Toorak Heights
* Buying: $3,000,000 – $7,000,000
* Renting: $1,500 – $3,000/week
Toorak Park
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A family-friendly area with a variety of parks and recreational facilities, Toorak Park is perfect for those seeking a balanced lifestyle with ample green spaces.
Characteristics of the Toorak Park
* Culture: Emphasis on family, parks, and outdoor activities.
* Transportation: Public transport options readily available.
* Services: Schools, community centres, and health services nearby.
* Environment: Vibrant and community-oriented.
Housing Options in the Toorak Park
Modern houses, family homes, and townhouses.
Average Home Prices in the Toorak Park
* Buying: $1,200,000 – $2,500,000
* Renting: $600 – $1,200/week
Frequently Asked Questions About the Best Residential Areas in Toorak:
The best residential areas in Toorak include Toorak Village, Toorak Gardens, Toorak East, Toorak Riverfront, Toorak Heights, and Toorak Park.
Toorak Gardens and Toorak Park are highly recommended for families due to their community feel, green spaces, and proximity to schools.
Toorak Heights and Toorak Riverfront are known for their luxurious homes and stunning views.
Toorak Village offers a variety of boutique shops, cafes, restaurants, and essential services all within walking distance.
Yes, Toorak has several public transport options, particularly in areas like Toorak Village, but a car may be more convenient for some locations.
The average rental prices in Toorak range from $600 to $3,000 per week, depending on the location and size of the property.
Yes, Toorak has several reputable schools and educational facilities, making it ideal for families with children.
Housing options in Toorak range from luxurious apartments and townhouses to spacious family homes and executive estates.
Toorak is considered a strong investment area due to its prestige, growth potential, and demand for quality properties.
Toorak is associated with affluent residents, with a mix of families, professionals, and retirees who appreciate a quality lifestyle.
Conclusion on the Best Residential Areas in Toorak:
Toorak offers a variety of residential areas, each with its own unique characteristics and lifestyle benefits. Whether you’re looking for the bustling chic atmosphere of Toorak Village, the family-friendly environment of Toorak Gardens, or the tranquillity of Toorak East, there’s something to suit everyone’s tastes and preferences. With stunning properties and a strong sense of community, Toorak is an unrivalled choice for both owner-occupiers and investors alike. With careful consideration and guidance from local real estate agents, securing a place in this esteemed suburb is within reach.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.