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Free performance report on all Toorak agents

There are 156 real estate agents servicing Toorak and surrounds. In 2016 they sold 291 properties. We have analysed all these Toorak agents and on request within 24 hours we will send you a free, up-to-date report on their performance, sales track record and what fees you should pay. View report contents

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156 Toorak Real Estate Agents Reviewed – Choose The Best

Real Estate Agents Toorak – 2016/17 Performance

Toorak Real Estate Agents sold 291 properties over the last 12 months (105 houses and 186 units). On average these 105 Toorak houses took 131 days to sell and were sold at an average discount of -12% from their initial listing price. Toorak units on average took 85 days to sell and were sold at an average discount of -11% from their initial listing price.

The best Toorak Real Estate Agents sell properties considerably better than these average figures. We detail who these Toorak agents are in our free report

Importantly it is the performance of the individual real estate agent rather than the agency used that matters. With over 156 agents operating in the Stonnington – Prahran council area servicing the Toorak market and 59 agencies, vendors should only use those Toorak agents who routinely deliver superior results for their clients. This is crucial to maximise their chances of securing the best possible price for their Toorak property.

With total house growth of 14% over the last five years Toorak agents have had a reasonably difficult market to contend with. Selling properties well in a slow market is much more difficult. Units have fared better growing at 33%. Growth in Toorak houses over the last year has been below the five year annual growth rate, coming in at 0% for houses (5yr average 3%) and below for units -4% (5yr average 7%).

Request your free report for the individual performance details of real estate agents in Toorak and the properties they have sold over the last couple of years.

With Toorak houses only selling on average every 11 years and units every 10 years, securing the best Toorak real estate agent to manage this infrequent transaction is crucial.

At the end of the day choosing the best Toorak real estate agent to sell your property can make years of difference to your personal financial situation.

Suburb Overview

Toorak is a suburb of Melbourne, Victoria, Australia, 5 km south-east from Melbourne's Central Business District. Its Local Government Area is the City of Stonnington. At the 2011 Census, Toorak had a population of 12,871.

In popular Australian culture, the name Toorak has become synonymous with wealth and privilege. The suburb has long had the reputation of being Melbourne's most elite, and ranks among the most prestigious in Australia. It has the highest average property values in Melbourne, and is one of the most expensive suburbs in Australia.

Located on a rise on the south side of a bend in the Yarra River, Toorak is bordered by South Yarra, at Williams Road on the west, Malvern, at Glenferrie Road on the east, Prahran and Armadale, at Malvern Road to the south and the suburbs of Richmond and Hawthorn on the north side of the river. The suburb's main street is considered to be Toorak Road, in which the commercial area of Toorak Village is located.

Toorak takes its name from Toorak House, the residence of James Jackson, a merchant, in 1849.

Toorak was named after Toorak House, an Italianate residence built by James Jackson, a merchant, in 1849. The name of the house may have originated from Woiwurrung language, with words of similar pronunciation meaning black crow or reedy swamp.

From 1854 Toorak House served as the residence of the first Governor of Victoria, Captain Sir Charles Hotham KCB RN and his successors, until the completion of the present Government House in the Kings Domain.

During the land boom of the 1880s, many large and elaborate mansions were erected in Toorak, often in the Italianate style. Following East Melbourne and then St Kilda, Toorak, along with Brighton, became the new favoured location for the wealthy.

The suburb was hit particularly hard by the 1890s economic depression and many wealthy landowners declared bankruptcy and were forced to sell. Nonetheless, the suburb remained and is still Melbourne's home of old money. In the 1920s, a favoured style was Tudor revival.

In the period of post World War II prosperity, rising standards of living and land values caused Toorak to became highly sought after by a new generation of the wealthy, thought by some to be social climbers and Nouveau riche. For some of these people, the focus was simply to have the postcode of Toorak, which was SE 2 and now 3142. As a result, many of the larger mansions were demolished and large holdings were subdivided to make way for flats, town-houses and apartments.

In the 1980s larger houses in Neo-Georgian and Neo-Classical styles began to appear.

Prahran East VIC 3181
Windsor VIC 3181
South Yarra VIC 3141
Toorak VIC 3142
Prahran VIC 3181
Hawksburn VIC 3142

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