1/3 Ormsby Grove
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About this property
Inspect via private appointment Perfectly positioned in one of Toorak's most exclusive addresses, Ormsby Grove represents an exceptional opportunity to secure a blue-chip parcel of land just a stone's throw from Toorak Village. Surrounded by leafy streets, high-end shopping, renowned cafés and Melbourne's finest schools, this tightly held location offers lifestyle excellence and enduring investment appeal. Occupying a prominent position, the property currently comprises three self-contained living spaces, each with rental income potential. While attractive as an investment in its present form, the true value lies in the opportunity to transform the site. Buyers may choose to retain the living spaces, unlock immediate rental returns, or take advantage of the site's potential to rebuild or redevelop (STCA), creating a landmark home or contemporary development in the heart of Toorak. Properties of this calibre, with such versatile scope in a premier location, are increasingly rare. Ormsby Grove is a distinguished offering in Melbourne's most prestigious suburb.
Property Details
- Property Type
- house
- Listing Type
- Off-market
- Bedrooms
- 3
- Bathrooms
- 3
- Parking
- 2
- Listed
- 3 months ago
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Neighbourhood
Living in Toorak
This 3-bedroom house in Toorak, VIC 3142 sits within reach of public transport, local shops and nearby schools. It is listed 40% above the $1.75m median of 55 comparable houseswithin 5 km.
Schools near Toorak
- Geelong Grammar School - Toorak campuscombined
- Loreto Mandeville Hallcombined · Prep-12 · Girls
- St Kevin's Collegecombined · Prep-12 · Boys
- St Kevin's College - Glendaloughcombined
- Toorak Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Stop 132: Toorak Village (tram) — 246 m away
- Splinters Hairdressing — 209 m away
- Carters Avenue Reserve — 56 m away
- Fairbairn Reserve — 225 m away
- Como Park — 903 m away
Toorak at a glance
Full suburb profile- Population
- 12,817
- Median age
- 47
- Household income
- $2,533/wk
- Median rent
- $486/wk
- Median mortgage
- $3,152/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Toorak price trend
Median sold · House 3 bed
Compound growth -1.0% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Toorak marketSide-by-side analysis
Compare with similar properties
Similar houses in the same price range in Toorak and nearby — see how this property stacks up.
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