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1/3 Ormsby Grove, Toorak
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1/3 Ormsby Grove

Toorak, VIC 3142, Australia
3 bed 3 bath 2 car

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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.

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 Hairdressing209 m away
  • Carters Avenue Reserve56 m away
  • Fairbairn Reserve225 m away
  • Como Park903 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

$2.73mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Toorak market

Within 5km

Nearby Properties

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