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3142 · VIC

Toorak

Data updated Q4 2025 · 134 bond lodgements/qtr

HouseUnit
Median rent$1,850/wk$780/wk
1yr change 10.8%(was $1670/wk) 10.8%(was $704/wk)
3yr change 34.1%(was $1380/wk) 38.1%(was $565/wk)
Vacancy rate0.7%very tight
Bond lodgements134 per quarter

Vacancy rate context

A healthy rental market sits around 3% vacancy. At 0.7%, Toorak is in a severe rental shortage. Landlords have very high negotiating power, and tenants face intense competition for available properties.

Other suburbs in VIC

Fitzroy$850/wk 10.4%
Richmond$900/wk 10.4%
St Kilda$950/wk 10.5%
South Yarra$1050/wk 11.1%
Brunswick$780/wk 11.4%
Carlton$850/wk 11.1%

Median rents are calculated from rental bond lodgements submitted to state government authorities (NSW Fair Trading, RTBA VIC, RTA QLD, CBS SA, DMIRS WA). Data is updated quarterly and represents the median weekly rent for new tenancies.

$/wk
Median rent in Toorak (2-bed unit): $663/wkQ4 2025 · 134 bonds