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88 Grange Road, Toorak$8.80m
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88 Grange Road

Toorak, VIC 3142, Australia
$8.80m
6 bed 7 bath 4 car1115 m²

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Listing description

About this property

Commanding an imposing position above the street, this impressive six-bedroom/seven-bathroom solid brick period residence's substantial proportions provide the perfect setting for entertaining on a lavish scale and family relaxation while also offering peerless multi-generational living. The generous entrance foyer introduces a grand scale formal sitting room with marble gas log fire and an adjacent media/TV room. Timber floors flow through the expansive living room and equally spacious sun-drenched dining domain served by a gourmet kitchen appointed with stone benches and a full suite of Miele appliances including a steam oven. The living spaces extend out to a large undercover deck ideal for al fresco dining. Beyond, the deep private northeast garden features a covered heated pool for year-round use and a pool house with kitchenette and bathroom. A light-filled double bedroom with balcony, marble ensuite and built in robes is accompanied by two additional robed bedrooms both with marble ensuites. On the second level reached by a lift and stairs, fully self-contained accommodation comprises an exceptionally generous living/dining room with marble gas fire and a gourmet kitchen opening to a wide covered balcony. There are also two bedrooms with robes and marble ensuites, a third robed bedroom and marble bathroom. The house-like proportions are ideal for large families, guests, in-laws or adult children. Reached by lift and stairs, the lower level is a versatile space with home office, wine cellar, mud room, an abundance of storage and the double garage. A host of features include an alarm, video intercom, ducted heating, RC/air-conditioning, laundry, irrigation, garden shed and auto gates. In a prized location, it is close to Toorak Village, Heyington station, prestigious schools, the Yarra River bike path and Burnley and Como Parks. Land size: 1,115 sqm approx.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
6
Bathrooms
7
Parking
4
Land Area
1115 m²
Listed
2 months ago

Repayment calculator

$42,662/month
$21,331 /fortnight
Loan $7,040,000 at 6.10% over 30 years

Upfront costs

Deposit$1,760,000
Stamp duty$552,000
Conveyancing (est.)$2,000
Total upfront$2,314,000
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 6-bedroom house in Toorak, VIC 3142 sits within reach of public transport, local shops and nearby schools. It is listed 238% above the $2.60m 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

  • Grange Road/Bruce Street (bus)615 m away
  • Zagame837 m away
  • Unnamed100 m away
  • Twickenham Crescent Reserve257 m away
  • Unnamed288 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.

Due diligence

Property Report

Flood Risk

Complete
Low flood risk

None

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Medium

High

Flood zone

Land Subject to Inundation Overlay (LSIO) – limited coverage

Toorak is an elevated, affluent suburb on the eastern side of Melbourne with minimal historical flood risk. While parts of the suburb fall within the broader Yarra River catchment, most of Toorak is on higher ground and outside the primary LSIO designation, making it a low-risk area. Localised stormwater management may apply in smaller pockets near creek lines and tributaries.

Planning controls

  • Melbourne Planning Scheme Clause 44.04 (Land Subject to Inundation Overlay) applies selectively to properties within identified flood-prone areas
  • Stormwater management and drainage requirements under VIC building standards for any development in lower-lying areas near Yarra River tributaries
  • Flood risk assessment may be required for development on properties within or near the Yarra River catchment, particularly for properties closer to river frontage
Source: StMate AI — VIC flood overlays06/05/2026
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

1 price change recorded for this property

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