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3/518 Toorak Road

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

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Listing description

About this property

Positioned within an exclusive enclave of just eight residences, this beautifully renovated three-bedroom townhouse delivers a compelling combination of space, privacy and effortless contemporary living in the very heart of Toorak. A short stroll to the vibrancy of Toorak Village, the home unfolds across generous proportions, where light-filled open-plan living and dining domains are complemented by a sleek, well-appointed kitchen. Hardwood flooring adds warmth and sophistication, while seamless indoor-outdoor flow connects to two substantial courtyards, ideal for entertaining or quiet retreat. Accommodation is superb, with three expansive bedrooms each enjoying their own private balcony. The main suite is thoughtfully appointed with a walk-in robe and elegant ensuite, while a central family bathroom, additional powder room and dedicated study enhance everyday functionality. Further highlights include a cellar or storeroom, full laundry, and two secure car spaces with additional storage. Reverse cycle ducted heating and cooling, supplemented by individual split systems in each bedroom, ensure year-round comfort, while a security system provides peace of mind. An exceptional opportunity to secure a turnkey residence in one of Melbourne's most prestigious locales, moments from leading schools, transport and lifestyle amenities.

Property Details

Property Type
townhouse
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
2
Listed
2 months ago

Repayment calculator

$16,544/month
$8,272 /fortnight
Loan $2,730,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$682,500
Stamp duty$201,813
Conveyancing (est.)$2,000
Total upfront$886,313
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Toorak

This 3-bedroom townhouse in Toorak, VIC 3142 sits within reach of public transport, local shops and nearby schools.

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 133: Grange Road (tram)491 m away
  • Splinters Hairdressing512 m away
  • Carters Avenue Reserve633 m away
  • Fairbairn Reserve772 m away
  • Winifred Crescent Reserve1.1 km 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.

Due diligence

Property Report

Flood Risk

Complete
Low flood risk

None

Low

Medium

High

Flood zone

Land Subject to Inundation Overlay (LSIO) – limited coverage

Toorak is an elevated, predominantly residential suburb in inner Melbourne with low to very low flood risk from major waterways. While the Yarra River and Gardiners Creek lie within or near the municipality, most of Toorak's topography sits above the 1% Annual Exceedance Probability (AEP) flood extent. LSIO coverage is minimal and concentrated near watercourse corridors; standard stormwater management applies to new works.

Planning controls

  • Compliance with Melbourne Planning Scheme Clause 44.04 (Land Subject to Inundation Overlay) where applicable
  • Consideration of Yarra River and Gardiners Creek flood risk in properties near watercourse frontages
  • Stormwater management and detention requirements for new development under Clause 56 (Residential Subdivision) and local drainage design standards
Source: StMate AI — VIC flood overlays07/06/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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

This listing

Price history

Price history

Listing price changes

2 price changes recorded for this property

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Within 5km

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