Toorak is an affluent suburb located approximately 5 km southeast of Melbourne's central business district. It is renowned for its prestigious private schools, upscale properties, and lush gardens, making it one of the most sought-after suburbs in Melbourne. Toorak offers a blend of luxury, convenience, and a vibrant community atmosphere, catering to a variety of lifestyles. This article explores the best residential areas within Toorak, highlighting their unique characteristics, housing options, and average prices.
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Toorak Village
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Toorak Village is the bustling centre of the suburb, offering a mix of boutique shops, cafes, and services. The area is known for its vibrant atmosphere and community events.
Characteristics of the Toorak Village
* Culture: Upscale shopping and dining experiences
* Transportation: Excellent public transport links, including trams and buses
* Services: Grocery stores, banks, and health services
* Environment: Lively and community-oriented
Housing Options in the Toorak Village
Luxury apartments, Townhouses, Heritage homes
Average Home Prices in the Toorak Village
* Buying: $1,500,000 – $3,000,000
* Renting: $600 – $1,500/week
Heyington
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Heyington is a picturesque area known for its large family homes and tree-lined streets. The suburb is popular with families who appreciate space and a quiet lifestyle.
Characteristics of the Heyington
* Culture: Family-friendly with parks and recreational facilities
* Transportation: Well-served by public transport with access to trains and buses
* Services: Nearby schools, childcare centres, and sporting clubs
* Environment: Tranquil and spacious
Housing Options in the Heyington
Single-family homes, Spacious units
Average Home Prices in the Heyington
* Buying: $1,800,000 – $4,000,000
* Renting: $800 – $2,000/week
Glenferrie Road
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Glenferrie Road is lined with high-end shops and popular eateries, offering a cosmopolitan feel. It's near the Toorak train station, making commuting easy.
Characteristics of the Glenferrie Road
* Culture: Vibrant urban lifestyle with a mix of dining and retail
* Transportation: Convenient train and tram services
* Services: Supermarkets, medical clinics, and community centres
* Environment: Energetic and accommodating
Housing Options in the Glenferrie Road
Modern apartments, Luxury flats
Average Home Prices in the Glenferrie Road
* Buying: $1,200,000 – $2,500,000
* Renting: $700 – $1,800/week
Hawksburn
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Hawksburn is a hidden gem in Toorak, offering a unique blend of charm and serenity, featuring quaint streets and a close-knit community feel.
Characteristics of the Hawksburn
* Culture: Artistic atmosphere with local galleries and boutiques
* Transportation: Good public transport options available
* Services: Local shops and cafes contribute to the vibrant community spirit
* Environment: Artistic and welcoming
Housing Options in the Hawksburn
Victorian houses, Boutique apartments
Average Home Prices in the Hawksburn
* Buying: $1,300,000 – $3,500,000
* Renting: $750 – $1,600/week
Kooyong
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Kooyong is characterised by its large estates and proximity to parks and recreational amenities, making it an attractive choice for families and professionals alike.
Characteristics of the Kooyong
* Culture: Active community with a focus on outdoor activities
* Transportation: Close to train services and ample bus routes
* Services: Parks, schools, and community facilities nearby
* Environment: Green and family-oriented
Housing Options in the Kooyong
Large homes, Units
Average Home Prices in the Kooyong
* Buying: $2,000,000 – $5,000,000
* Renting: $900 – $2,500/week
Armstrong Street
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Armstrong Street is known for its premium real estate and proximity to high-end retail and dining, making it highly desirable for affluent buyers.
Characteristics of the Armstrong Street
* Culture: Sophisticated shopping and art galleries
* Transportation: Well-connected by trams and bus services
* Services: High-end stores, gourmet cafes, and lifestyle services
* Environment: Refined and upscale
Housing Options in the Armstrong Street
Luxury apartments, Modern townhouses
Average Home Prices in the Armstrong Street
* Buying: $1,800,000 – $4,200,000
* Renting: $850 – $2,200/week
Frequently Asked Questions About the Best Residential Areas in Toorak:
The best residential areas in Toorak include Toorak Village, Heyington, Glenferrie Road, Hawksburn, Kooyong, and Armstrong Street.
Heyington and Kooyong are particularly family-friendly, offering spacious homes and nearby schools and parks.
The average property price in Toorak varies widely, ranging from approximately $1.5 million to over $5 million depending on the area and type of property.
Yes, Toorak has excellent public transport options including trams and trains, particularly around Toorak Village and Glenferrie Road.
Toorak offers a range of housing types from historic mansions to modern apartments and units, accommodating various preferences and budgets.
Yes, Toorak is often considered a strong investment area due to its affluent demographic and consistent demand for property.
Toorak is known for its friendly and welcoming community atmosphere, with many local events that encourage neighbourly connections.
Yes, Toorak is home to several prestigious private and public schools, making it an attractive choice for families with children.
Some of the best parks in Toorak include the Toorak Park, Como Park, and nearby Fawkner Park, offering ample space for recreation.
Absolutely! Toorak has a vibrant dining scene with a variety of upscale restaurants, cafes, and boutique eateries.
Conclusion on the Best Residential Areas in Toorak:
Toorak stands out as one of the most prestigious suburbs in Melbourne, combining luxurious living with a rich community spirit. With various residential areas offering distinct advantages, whether it's the vibrant atmosphere of Toorak Village or the serene streets of Heyington, there is something for everyone. Families, professionals, and investors alike will find appealing options catering to their lifestyle needs. The area's exceptional schools, excellent transport links, and diverse amenities contribute to its desirability, making Toorak a fantastic place to call home. With property prices reflecting its prestige, a move to Toorak represents an investment in quality living and a beautiful community.
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.