5 Myoora Road, Toorak VIC 3142
5 Myoora Road, Toorak VIC 3142
Freestanding townhouse with own frontage | double garage | north-lit living | tree-lined Toorak pocket | lock-up-and-leave appeal
This property is positioned as a genuinely uncommon offering in Toorak’s market: a freestanding two-level townhouse with its own street frontage, not a unit tucked into a shared block. The double garage, walled forecourt, and west-facing courtyard give it the bones of a small house, while the ground-floor living and upstairs bedrooms are arranged for a lock-up-and-leave rhythm. Northern light is brought into the living room, and the granite-and-marble finish is placed above typical boutique stock. Downsizers and professionals are best served by this configuration, and the school and village proximity adds to its appeal.
The main value considerations are centred on the compact footprint rather than build quality. The price ceiling may be constrained by land size versus family houses, and the west-facing courtyard might be seen as an afternoon comfort limitation. A premium may be commanded by the contemporary presentation, but the low-maintenance versus resale trade-off should be weighed.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Myoora Road, Toorak VIC 3142
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
URL has been copied successfully!
Market Insight
Toorak, 5 km south-east of the CBD, is a prestige market driven by affluent, mostly childless professional couples; 65.2% of homes are owner-occupied and the average resident age is 48. Recent house price signals are mixed: a median of $5.8m records -5.84% annually, while the five-year median value is up 12.72%, though alternative sources show sharper corrections. Units show a median of $1.2575m (+3.54% annually), with gross yields of 2.92% versus 1.45% for houses. Sales volumes have fallen sharply year-on-year – houses down 35.7%, units down 27.3% – yet auction clearances remain robust (79.4% houses; 69.5% units). Days on market range from 29 to 79. Future growth is supported by long-run capital appreciation and high clearance rates, but constrained by affordability, rising supply (18–26 listings) and rate sensitivity.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 7/17 Myoora Road apartment sold in the $900k–$990k range; 5/22 Tintern Avenue house sold for $3.7M | Property Price Band: $2.0M–$2.1M | Value Drivers: freestanding format, double garage, presentation quality
Bedrooms
3
Bathroom
2
Parking
2
Land
1.93 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!